GOld spot or XAUUSD DOwntrend movement . Target 1900SYmbol Gold SPot or XAUUSD
TImeframe Day chart
Analysis : Here we can conclude Selling pressure is more as we can observe a strong reverse pin bar and the breakout from the triangle pattern .
We can expect a target of 1985/1900
HOPE our analysis is adding value to your 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.
Goldtrend
#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.
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