Gold: Bearish scenario

Updated
Hello, Traders!
Monfex is at your service and today we overview Gold.

If you still hasn't sold XAUUSD so maybe you have this chance when the price will be near the resistance line, level. XAU is going to test it.

  • The resistance zone ~ $1498-1500
  • The support zone ~ $1460-1462

    Active Trade Signal by XAU/USD
  • Sell near $1475-1480
  • Take profit ~ $1435 && $1402
  • Stop loss at $1504


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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.
Trade active
12H
snapshot
Chart PatternsForexGoldgoldideagoldtradinggoldusdTechnical IndicatorsTrend AnalysisXAUXAUUSDxauusdlongxauusdshort

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