PULEMokhothu

XAUUSD 1703.25 -0.63 %

Short
PULEMokhothu Updated   
OANDA:XAUUSD   Gold Spot / U.S. Dollar
GOOD DAY TRADERS....

HERE'S A SHORT IDEA ON GOLD

> WE SAW A FALL ON GOLD WEAKENING TOWRADS 1700 AHEAD OF POLICY ANNOUNCEMENTS FROM THE 2 CENTRAL BANKS
> GOLD BROKE THE SUPPORT LEVEL 1711.64 AFTER THOSE ANNOUNCEMENTS
> WE MAY SEE A RETEST OF THIS FTR STRUCTURE BEFORE CONTINUING TO THE DOWNSIDE

> IF IT PLAYS OUT THIS WAY WILL BE LOOKING FOR ENTRIES TO THE DOWNSIDE...
TARGET1 - 61.8 % FIBONACCI LEVEL
TARGET2 - 50.0% FOBONACCI LEVEL

RISK MANAGEMENT
PERIOD - SWING

>> IF YOU LIKE THIS IDEA KINDLY LEAVE A LIKE AND COMMENT... KINDLY FOLLOW AS WELL FOR MORE SWING AND DAY TRADE IDEAS, APPRECIATE IT....












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