#Gold #XAUUSD downward movement potential with risk:reward= 5.2

#Gold #XAUUSD downward movement potential with risk:reward= 5.2

Analysis of Gold spot/US Dollar i.e XAUUSD

Time frame:15 minutes

What is the analysis?
Break out on the upper side and reach the target. MACD Is crossing below zero, so we can expect a downtrend movement with risk:Reward=5.2.Sell at 2020 with SL 2035 and target 1871.

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NOTE: Published Ideas are for ‘’EDUCATIONAL PURPOSE ONLY’’ trade at your own risk.
NOTE: RESPECT The risk. SL should not be more than 2% of the capital.
Happy Trading

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