Gold/GBP
Short
Updated

Jack Teach you how to trade XAUGBP by looking at XAUJPY

Gold Reversed against GBP and JPY

We can observe that the XAUJPY dropped faster than XAUGBP,
therefore we can consider to sell XAUGBP
by using XAUJPY as our "indicator"
XAUJPY already falls to Point A
so we can expect the XAUGBP will fal to Point
A' as well.


Note
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Pull back coming
Note
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NICE FALL FROM 1248
ALREADY 120 PIPS
Trade closed: stop reached
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Due to FED rate cutting, Gold / USD breaks up an this drives xaugbp goes higher

SL triggered
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