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DerrickJerry

GOLD BUY AND SELL

Short
Gold Spot / U.S. Dollar (FOREXCOM:XAUUSD)  
DerrickJerry  
FOREXCOM:XAUUSD   Gold Spot / U.S. Dollar
Chart Patterns Technical Indicators Fundamental Analysis
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chartpattern indicator fundamental
Gold has bounce off 17.95 six times since 21 July with an average range going up to 1802-1809.

If gold fails to break resistance at 1795.50 on the 1 hr TF we can buy in the 30 and 15 min TF to 1805.

If gold breaks the the resistance of 1795 and closes below 1795 we can set to shorts.

The first from 1794 (entry) to 1789 (TP1) and the second from 1789 - 1784 (TP2)
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