KingTraderFX

XAUUSD Sell/Short

Short
KingTraderFX Updated   
OANDA:XAUUSD   Gold Spot / U.S. Dollar
Currently analyzing the XAUUSD markets and has shown clear sign of forming an M on the daily. Next leg seems to be bearish and best bets are for gold to take a dive now. Below are the inputs of the trade.

XAUUSD
Sell/Short


ENTRY: 2004.680

TAKE PROFITS:

TP 1: 1895.762

TP 2: 1843.154

SL: 2027.405

2-5% risk capital.
Comment:
Tanking!!!

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