YongLiang

XAU/USD, DAY CHART, NEUTRAL & SHORT (20-NOV-2016)

FX_IDC:XAUUSD   Gold Spot / U.S. Dollar
Gold price is falling toward the strong support zone near 120x

If the price breaks the support zone , look for pull back and short this trade.

If the price bounce back from the support zone , need to monitor closely again.

Trade with right risk management
Comment: Wow! Gold price breaks the support zone with strength.
Now look for weak pullback and entry for the short side.

Trade Safely. :)
thanks for your sharing. May trace back to $1050 again for testing bottom.
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YongLiang happyluckydog
@happyluckydog, You are welcome. Let's learn together :)
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If the short side happened, the rough estimate target can be around 1100.
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@Angry, Yup. I will put my target price near 1100 too :)
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