UnitedFX

Gold and Euro more bearish

Short
OANDA:XAUUSD   Gold Spot / U.S. Dollar
XAUUSD
Gold can retrace to red area (1225) of pitchfork upper way and headwind to green area (1180) of middle way.
Metal traders will also monitor to trade war between U.S and China.

US10Y
U.S Dollar also may be stronger as U.S 10 Years Yield breakout from monthly regression channel resistance.

EURUSD
Euro has more bearish as breakdown from symmetrical triangle and low to previous POC level (1.1250)
Gold
Sell limit @1225
Target 1180
Stop 1240
Risk/reward (1/2.6)
Take care your trade size
United FX

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.