BA_Investments

XAUUSD SHORT ANALYSIS TO 1815

Short
FX:XAUUSD   Gold Spot / U.S. Dollar
This analysis is a similar move to price action from the first few days of February 2020. Market most of the time repeats itself & this market structure is setting up nicely for another bearish move. Technically & fundamentally the move makes sense as the DXY & USDJPY , which correlates negatively is gaining strength which works as a confluence to my Gold sells. However, be careful as it will be a Monday and start of a new month so could expect choppiness and market manipulation.


I will be cashing into this move on behalf of my Account Management investors ONLY if I see a rejection around my entry zone.

Comments

Brilliant thanks
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I'm waiting for the bearish correction to finish What do you think?
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