XAUUSD : Waiting to open a short position around 1485-1490
Updated
Gold is in downtrend in daily timeframe . However onl weekly charts it's preparing a bullish set-up.
Gold is having strong resistance around 1485-1490
Opening a short around 1485
( After crossing above 1485-1490 and open a short when returning back with a minor swing high on lower time frame )
Entry 1485
Stop-loss Above 1502
Targt 1410
Risk/Reward 5:1
"The Eagle Don't Catch Flies"
Gold is having strong resistance around 1485-1490
Opening a short around 1485
( After crossing above 1485-1490 and open a short when returning back with a minor swing high on lower time frame )
Entry 1485
Stop-loss Above 1502
Targt 1410
Risk/Reward 5:1
"The Eagle Don't Catch Flies"
Trade closed manually
XAUUSD crossed 1490 and 1502 levels too in a impulsive move. Now trading at 1512.So Short Trade set-up is negated.
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