TheChauhansView

GOLD : Next move could be Down..

Short
FX:XAUUSD   Gold Spot / U.S. Dollar
As indicated on the chart, the next move could be the down move.. how much it will go down will depend on this speed.. lets see.

I am not selling this down move as it is too small to get involved in it..

If you do plan to take it, be careful and keep tight SL as soon as it goes down - keep it on BE please.
Trade closed: target reached:
Prices did fall as expected.

Will be looking for a reversal sign now.. for BUY..
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.