XAUUSD 20/11
GOLD's current sideway is 1976 - 1978. If gold can break this price range, it will fall back to 196X during the day. If it cannot break the current price range to support sell 1979 - 1980, GOLD will continue to increase to target 1993 and beyond. than the 2000 price range.
The current price range is quite narrow so the CTFX team recommends sticking to the short SL 1981.5 for safety (STOP LOSS 20PIP)
The current price range is quite narrow so the CTFX team recommends sticking to the short SL 1981.5 for safety (STOP LOSS 20PIP)
Note
GOLD DOWN TREND TO 1972 - SELL ORDER PROFITS 80 PIPNote
GOLD DOWN TREND TO 1966 - SELL ORDER PROFITS 140 PIPNote
GOLD hit strong resistance 1993-1995 and then the price dropped to 1986. Correct trend admin analysis supported the SELL Gold 1993.GOLD PROFIT 60-70PIP, TAKE PROFIT 1/2 VOLUME.
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