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Malika_Analysis

GOLD LOOKING GOOF FOR A POTENTIAL BEARISH MOVE

Short
Gold Spot / U.S. Dollar (FX:XAUUSD)  
Malika_Analysis Updated   
FX:XAUUSD   Gold Spot / U.S. Dollar
Trend Analysis Wave Analysis Chart Patterns XAUUSD xauusdshort goldshort Gold DXY xauusdsell
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trendanalysis waveanalysis chartpattern xauusd xauusdshort goldshort gold dxy xauusdsell
Price has currently retraced to the 50% fib retracement level and Bearish divergence is evident. Price is currently looking good for a potential push lower to the price level i have marked with the green horizontal line.

Entry - Grey line
Stop loss - Red line
Green line - Take profit
Risk exposure - 1%
Trade closed: stop reached
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