TanujaK

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

Short
OANDA:XAUUSD   Gold Spot / U.S. Dollar
#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.

HOPE our analysis is adding value to your Stock market trading Journey.

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


Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.