kripsonfx97

XAUUSD W PATTERN REJECTION+DOWN TREND

Short
FX:XAUUSD   Gold Spot / U.S. Dollar
Reason Behind XAUUSD Sell

1. Last Week Core CPI News Make the Asset to Move higher fundamentally whixh make the Break Resis 1940 and Later 1950 and presently located @ 1960 Which Over Immediate Support

2. Clear Rejection Over W Pattern due to Tecnical fIbo retracement @ 1980 which is also our Previous Support which react as major Resis Now

Overall Possible Outcomes

XAUUSD SELL@ 1975-1985

SL 2010

TP 1 1960

TP 2 1935

TP 3 1900

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