XAUUSD : SUGAR! Short

Gold/U.S. DollarFXCM

Description

⋅ Nov 3, 2017 3:39 PM

Hi traders,

(As always, our students got the analysis early)

Following today NFP numbers, I saw a clear bear flag forming on this pair. I notified our students right away without having the time to share the chart. Here is it.. the analysis!!

Here's how I entered this trade :

XAUUSD SHORT:
ENTRY : 1277.04
SL : 1285.04
TP : 1237.77

Trade safe!

Disclaimer: This is my trading analysis, it is not an invite or recommendation to trade.

Trade active

⋅ Nov 3, 2017 3:40 PM

Trade active @ 1277.04

Trade active

⋅ Nov 7, 2017 11:13 AM

Price touched SL in profit when the price came back up. As I mentionned, I reshorted again higher + again now.

Comments

MidoAshraf7

⋅ Nov 7, 2017 11:15 AM

tell me bro
what do you think about gold?

ScottMescudiForex

⋅ Nov 7, 2017 1:05 PM

@MidoAshraf7, Nothing has changed from this analysis. I made the updates above!