Gold Has Shown signal for Short....

Gold (XAUUSD) has Show signal for short

Take a look at this chart. Price made a fake broke of key level $1307.66. H1 close under it.
Also, that level is under that huge Range where big players accumulated their position. I think that can start a strong move down.

I opened Sell at $1305.12
S/L: $1310.25
T/P: $1265

If the price will move down that will be R: R — 1:5 or higher.
Look for buy ONLY if the price will break up $1310 and H4 -D1 close upper it. Only if candle close u will be able to open buy.

Transaction en cours:

First 60 pips Done!

Transaction en cours:

Price moved 220 pips

Commentaire:

On Monday Gold mostly quiet

Commentaire:

Price close under key level $1282 that was 3 week low. It is a good signal for continuing of the trend.

Commentaire:

Proce broke down 2-days low. Down move is going to continue.

If opend Sell at $1305 it is better to hold it

Transaction en cours:

Price moved 350 pips in our direction. You can close 50% of position.

Trade fermée: cible de profit atteinte:

Price achieved T/P. If you Still hold a position you can close 50% of position because price can move down to key buy level $1236.

Trade fermée manuellement:

Closed manually at $1266.58
I took 385 pips of profit