JamesZhang
Short

XAU/USD updating - Short with new evidence

FX:XAUUSD   Gold / US-Dollar
389 6 5
1/ As I said few days ago, the XAU/USD             was in the new trend of falling.
2/ The last high point didn't go above the A point, which indicate the XAU/USD             is in falling way.
3/The price recently broke all the Moving Average Lines of 30/60/100 days in 4hours Chart and the UP-TRND line too.
4/Suggest:
Open short order between:1124 - 1130 .
SL at 1140 - 1150. (above the MA lines or above the last high.)
Tp at 1080 - 1084.
Risk/Reward Ratio is about 3.

5/ Don't forget to thumbs up if you like it.
Thank you.

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And you might check the referent chart down here.
Good. I agree
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JamesZhang Findexs
Thank you.
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thanksfor share your knowledge sr, excellent analisys, :)
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JamesZhang VICTORANDRESAMU
Thank you for your appreciation.
And you are pretty good too.
Just followed you.
Have good day then.
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Great trade plan. Keep it up
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JamesZhang ForexisbizFib
Thank you !
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