AbidRhmn
Short

XAUUSD SHORTS! Read the description!

FX_IDC:XAUUSD   Gold Spot / U.S. Dollar
Amazing opportunity here on GOLD!! The pair created a sort of descending channel where both of the trend lines are nearly parrallel to each other, and now gold reached a price where it's touching both trendline and a key support and resistance zone! We could se an amazing fall of this pair for over 200 pips!

Comments

Good position sell
Reply
AbidRhmn EngYonis
@EngYonis,yes! It looks promising
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I have the same analysis but I’m second guessing it as it’s closed outside the channel
Reply
@h1fx, it's still inside of the channel
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Should we not better wait the economic calander from usa? Before investing?
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Unknown_k6 Marcel69
@Marcel69 fundamental analysis only provides volatility not direction
Reply
AbidRhmn Marcel69
@Marcel69, Yes!! It's really important to follow news on the economic calendar.
Reply
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