kripsonfx97

XAUUSD 1H SELL PROJECTION

Short
kripsonfx97 Updated   
OANDA:XAUUSD   Gold Spot / U.S. Dollar
Reason Behind teh XAUUSD/GOLD Fall

1. RSI 14 Below 50 which tends the bearish trend in 1H time frame

2. Stochastic oscillator is overbought and ready to move down which confirm teh fall again

3. Strongly breaked 1820 which is last week low which pushes lower to teh montly Low oof 1800

Over Possible Outcomes

XAUUSD SELL @ 1813.70

Sl 1920

tp 1800
Trade closed manually

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.