Sphyn-Trader

XAUUSD: Gold trades sideways

Short
Sphyn-Trader Updated   
OANDA:XAUUSD   Gold Spot / U.S. Dollar
During Wednesday's Asian trading session, gold is hovering around the 1,901 level. The previous day, concerns were raised about the possibility of the US Federal Reserve (Fed) tightening its monetary policy due to upbeat US Retail Sales data. As a result, this had a negative impact on the price of XAU/USD.

Comment:
BUY zone 1889 - 1892

Stoploss: 1886

Take Profit 1: 1900
Take Profit 2: 1905
Trade active:
Running plan BUY +40pips
Trade closed: stop reached:
Predict the right direction and accurately. Plan is still active but prediction is over
Comment:
Close Plan buy +80pips

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