ForexAnalysisTeam

XAUUSD - Trading Idea For New Week - 02

Short
FOREXCOM:XAUUSD   Gold Spot / U.S. Dollar


Hey, Here we mention some bearish topic with strategy. And remember previous bullish analysis alreday 60% complete.

Now start the discuss.......

* First look fibonacci 1.618 point, possibility here to price dropping started.
* Second point if 1.618 fibo rule price down come, so how much price drop we expected?
Ans ) first we say 1820 or 1807 around possibility price come, in short move.
* Third point, here we think, tradeline broken (red line/1804, exp 1800) so possible 1710 (first want breakout rule follow) around down come.
* Here C point our target setup area.

** Remember here we mention some short easy analysis **

💡 If impress our idea, pls like & share your comment about this analysis, thank 🤞


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