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Forextuitions

Short XAUUSD

Short
Gold Spot / U.S. Dollar (FX_IDC:XAUUSD)  
Forextuitions Updated   
FX_IDC:XAUUSD   Gold Spot / U.S. Dollar
Trend Analysis Chart Patterns xaususd xauusdshort xauusdanalysis lalitmatta forextuitions
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trendanalysis chartpattern xaususd xauusdshort xauusdanalysis lalitmatta forextuitions
XAUUSD the pair have a good volume ,the buck failed to drag the pair down through the 55-hour SMA. Second, the gold managed to recover and break through the weekly R1 at 1,339.42, we can see fall one again towards first support 1331.62 and expect to break and intimidate target of 1326.Overall we can see the pair target of 1304/1298 and then one more rally.

Sell XAU/USD

@1338/1340

Target: 1326/1320
Stop loss: !346.00

good luck !

#forextuitions

Trade closed: stop reached:
Stop loss hit
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