500 Pip Potential Ride Between 1500 & 1450(TRADE IDEA)

Short

Gold Spot / U.S. Dollar (OANDA:XAUUSD)

Aktualisiert

OANDA:XAUUSD Gold Spot / U.S. Dollar

trendanalysis chartpattern indicator xauusd gold goldshort xauusdanalysis forex

This is my overall projection for Gold going into next week if price does indeed stay below 1500, its up to you guys to go down a timeframe or two to find your preferred entry,SL & TP levels based on your strategy, USE PROPER RISK MANAGEMENT.

Kommentar:

As I stated 1500 is my area of interest , if gold fails to convincingly stay below that area then this setup is invalidated and I am on to the next one...lets see what today and tomorrow has in store for us.

Kommentar:

My initial analysis for gold is now again valid as we are now below 1500 and seems we have a h&s pattern as well.

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