Shorting oppotunity on XAUUSD
1. Price is making lower High and lower lows on W,D &4H Time frame
2. Price is below 50EMA
3. Boom price will tank down.
Selling opportunity below 1925
Target we can as low as 1900 and More
On the chart gold retrace on 0.61 fibs whats mean going more down. We already in from 1797 with First TP 84 and SL over 1803. Exactly, I waiting for more down may under 1770 $. Watching and enjoy!
we are adding position size to our existing net short portfolio and at the time of writing this ariticle/idea our full short position in gold and silver is well justified from the measurement of risk and reward,
The usd index end up moving higher yesterday and the price of gold fell a little bit,this should be seen as sign of strength but mining stocks are...
