Monfex_UK

Gold: Bearish scenario

Short
Monfex_UK Updated   
FOREXCOM:XAUUSD   Gold Spot / U.S. Dollar
Hello, Traders!
Monfex is at your service and today we overview Gold.

If you still hasn't sold XAUUSD so maybe you have this chance when the price will be near the resistance line, level. XAU is going to test it.

  • The resistance zone ~ $1498-1500
  • The support zone ~ $1460-1462

    Active Trade Signal by XAU/USD
  • Sell near $1475-1480
  • Take profit ~ $1435 && $1402
  • Stop loss at $1504


Share your thoughts, ideas about the market under the chart.

Watch for our Updates to be the first who gets well-timed signals !

GOOD LUCK AND LOTS OF PROFITS !!

Disclaimer
This report is for information purposes only and should not be considered a solicitation to buy or sell any trading assets. Monfex accepts no responsibility for any consequences resulting from the use of this material. Any person acting on this trade idea does so entirely at their own risk.
Trade active:
12H

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.