#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...
xauusd buy setup found
gold was given a big wick in daily timeframe and madfe many traders crazy, actually i was just retracement from gold on daily timeframe on channel trendllinbe, now it has retested and i can expect a great buy move from gold
