shailesh_kp

Fibo 38.2 as a res for Xau

Short
shailesh_kp Updated   
FX_IDC:XAUUSD   Gold Spot / U.S. Dollar
correction in gold can be expected till 1193 near around 38.2 fibo level.. i will have a short position from there and target will be the last year support of 1082 with sl of 1227.

we need some crisis for save haven demand to rise until stick with dollar
Trade active:
Target close... CMP 1173$
Comment:
1191 hit.. looking for the next leg
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