TradingView
PULEMokhothu
Apr 28, 2020 7:24 AM

XAUUSD 1703.25 -0.63 %  Short

GoldOANDA

Description

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....












Trade active

More