Adz786

GOLD POTENTIAL SELL!

Short
Adz786 Updated   
OANDA:XAUUSD   Gold Spot / U.S. Dollar
Gold is a current high for the week of 1510 however, the fed news will be coming out very soon. i can see gold dropping and touching the 200 ema leading to further drop to around 1465. it has tested the 200 ema a few times but it can be seen that it has touched the line and rejected and it always touches once before a big breakout! lets see what happens! TRADE AT YOUR OWN RISK
Comment:
i see this bouncing back to 1496 as this is a key level and from there see how the 4h candle closes to justify any further trades
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.