Abzii

Gold shorts?

Short
FX:XAUUSD   Gold Spot / U.S. Dollar
So gold has been good so far!
SIMPLE ANALYSIS
On the D1 the trend is still bearish and we may continue to see that for the next few weeks
I can see gold go upto around 1781 mark and a potential safe sell entry too see it go down amd break out of the support maybe between 1650-1640.
WKLL HAVE A TIGHT SL ON THIS
SELL ENTRY - 1780-1782
SL- 1805
TP1 - 1729
TP2- 1708
TP3- 1675
TP4- 1650
TP5- 1640
Let me know what you think?
Let me.know your ideas!

Thank you
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.