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Gold Spot definition moment

FX_IDC:XAUUSD   Gold Spot / U.S. Dollar
Hello, Traders!
Monfex is at your service and today we overview XAU/USD.

Gold under the MA100 and have resistance line of the descending channel . Breakdown of MA200 will be a strong signal to sell.
Stoch RSI is overbought.


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Disclaimer
This report is for information purposes only and should not be considered a solicitation to buy or sell any trading assets. Monfex accepts no responsibility for any consequences resulting from the use of this material. Any person acting on this trade idea does so entirely at their own risk.

Comments

Bro, you think we should wait for retracement ?
Reply
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