Get started
UnknownUnicorn4768308

XAU USD - Short term sell to 1490

Short
Gold Spot / U.S. Dollar (FX:XAUUSD)  
UnknownUnicorn4768308  
FX:XAUUSD   Gold Spot / U.S. Dollar
Trend Analysis Harmonic Patterns Chart Patterns xxauusd Gold Bearish Patterns
0
0
trendanalysis harmonicpatterns chartpattern xxauusd gold bearish
After reaching new highs of 1555 last week I feel that the bullish run will naturalise this week returning to the 1490 mark.

Reason one: US China trade war has eased (for now)

Reason two: Bearish candle formation

I will personally try and get a better entry at market open around the 1530 area.

TP 1 - 1508

TP2 - 1490

Good luck and as always use correct risk management :)
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.