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Adefxc

XAU/USD FALLING WEDGE

Short
Gold Spot / U.S. Dollar (FX:XAUUSD)  
Adefxc  
FX:XAUUSD   Gold Spot / U.S. Dollar
Trend Analysis Chart Patterns Technical Indicators XAU XAUUSD xauusdshort fx fxsignals
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trendanalysis chartpattern indicator xau xauusd xauusdshort fx fxsignals
XAU/USD has got a few more laps to complete inside the falling wedge, and being below the 200-day SMA is a strong indicator for the bearish continuation for the yellow metal.

A Bearish setup,
Sell stop - 1915.00
Take Profit - 1860.00

Trade with appropriate risk management.
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