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Deensesay

XAUUSD SHORT

Short
Gold Spot / U.S. Dollar (OANDA:XAUUSD)  
Deensesay  
OANDA:XAUUSD   Gold Spot / U.S. Dollar
Trend Analysis Technical Indicators Beyond Technical Analysis forextrading investing swingtrading priecaction countertrend
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trendanalysis indicator beyondta forextrading investing swingtrading priecaction countertrend
Happy Sunday Traders

Gold is currently in a Uptrend and the market is above the 50EMA. Gold failed to close @1750.00 and in the process a Double Top has formed on the Daily Chart. For this reason, I'll be looking to short and enter this trade during the Asia Market Session.

TP LEVELS= 1616.00
TP 2 = 1550.00

Recent Daily Support Level Zone= (1641.00-1645.50)
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