XAUUSD Gold Short
Please don't take this as a signal this is just my analysis. Bouncing between the channel for the majority of the year, also coincides with 200MA resistance - my theory is this will be the last bounce off of the top of the channel. However, with current 'trade war' talks gold could see a bounce to the upside.
Aiming to short at Market 1285.50
TP1 - 1275
TP2 - 1270 area.
SL - 1293 (However, could be extended to the psychological level of 1300 to be safer)
Aiming to short at Market 1285.50
TP1 - 1275
TP2 - 1270 area.
SL - 1293 (However, could be extended to the psychological level of 1300 to be safer)
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.