CFDs on Gold (US$ / OZ)
Short
Updated

XAU/USD’s Bears ready to find support @$3,000 mark

183
The Bulls have started taking a breather on the precious metal XAU/USD and will retreat to its first support by early Next week, which would be the $3,000 mark. Once surpassed, the next stop would be the February 20 daily high at $2,954, followed by the $2,900 mark. Conversely, Gold rising above $3,050 would pave the way to challenge $3,100.
hoping that my analysis is correct I will place a sell order and My
1st Tp @ 3,000 zone
2nd aggressive trailing tp would be @ 2,950 zone
Trade active
Our 1st Tp was triggered early on today awaiting the retest my Extreme premium zone if the Bulls don't break it then it will be bear time to eat and drive the pair down to our unmitigated zone @2900
2nd aggressive tp early on next week 2,950

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