XAUUSD/GOLD: 700 PIPS Selling Opportunity!
Dear Traders,
As we had explained in our previous analysis on XAUUSD, we had explained that price will reach $2090 and price just did exactly that, after touching $2088 price dropped and reversed and fell heavily.
As the NFP is next week we will see some major movement on Gold and in our bias is bearish as price needs to feel some of the major area.
As we had explained in our previous analysis on XAUUSD, we had explained that price will reach $2090 and price just did exactly that, after touching $2088 price dropped and reversed and fell heavily.
As the NFP is next week we will see some major movement on Gold and in our bias is bearish as price needs to feel some of the major area.
Trade closed: stop reached:
Comment:
Our bias was right all along, just our execution was not spot on.
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