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tuahawaqar

GOLD is bearish below 1842

Short
Gold Spot / U.S. Dollar (FX:XAUUSD)  
tuahawaqar  
FX:XAUUSD   Gold Spot / U.S. Dollar
Support and Resistance
8
5
supportandresistance
Scenario 1:
when H1 candle close below 1842.00 sell Gold , Take Profit: 1790, Stop Loss: 1880 - 520 pips opportunity

Scenario 2: Sell Gold around 1862 area if a rejecion candle or bearish engulifing candle is formed in H1 . Take Profit: 1790, Stop Loss: 1880. -720 pips opportunity XAUUSD
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