Gold (XAUUSD) Sell View for medium term
Updated
Upon observing gold in a daily time frame i see the trend has been down and last weeks pull upside was to retest the near resistance of (1980-1984) range.
Chart is making an inverse Cup&Handle and also near trendline support. expectation is that gold will fall from current levels till immediate support around 1902-1905 and final target of 1820 with Stop above 1990.
Chart is making an inverse Cup&Handle and also near trendline support. expectation is that gold will fall from current levels till immediate support around 1902-1905 and final target of 1820 with Stop above 1990.
Note
Dear Friends, 1st target of 1890 hit. $70 profit cam. Please trail your Stop Loss 1921 or book half Qty here bringing you Stop Loss to entry for 1820 Target.
Trade closed: target reached
All target achieved friends, thanks for watching.
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