Gold Spot / U.S. DollarUpdated XAU/USD, DAY CHART, NEUTRAL & SHORT (20-NOV-2016)
Gold price is falling toward the strong support zone near 120x
If the price breaks the support zone, look for pull back and short this trade.
If the price bounce back from the support zone, need to monitor closely again.
Trade with right risk management
If the price breaks the support zone, look for pull back and short this trade.
If the price bounce back from the support zone, need to monitor closely again.
Trade with right risk management
Note
Wow! Gold price breaks the support zone with strength. Now look for weak pullback and entry for the short side.
Trade Safely. :)
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Related publications
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.