Gold Short Opportunity

FX:XAUUSD   Gold Spot / U.S. Dollar
If price breaks the kumo, we'll have a signal for opening short trades. DMI confirms down movement. We can sell below 1220.00 level with stop above 1240.00 level. Profit target is the support level .
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The environment has changed now with Comey out. And also, there has been a postiive bullish divergence on gold the past week. I think it is going to 1240 before 1200. Good luck.
DLavrov josephtse
@josephtse, may be... thanks for your comment!
Hi, I agree with your idea. I believe it might go down much lower..
@olsun, thanks for your comment! Yes, the market can fall below 1200.00 level.
First of all, thank you for sharing this wonderful trade setup. Looking forward to see the result. Frankly, I don’t see markets; I see risks, rewards, and money
DLavrov patterntrader
@patterntrader, thanks for your comment )
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