XAUUSD WILL GO FOR SHORT IN CPI [Read Caption]

12 Feb

Hello Followers I am going to publish my technical setup on XAUUSD, So share your opinion in comments about my analysis..

XAUUSD Has break the parallel channel now and also have retested it, but still gold is running at a support area that's level is 2887/2882, so it is possible that XAUUSD can break this level and move further short.. That's Why Today I have decided to go for short cause it has break the channel and now it is possible that XAUUSD can fall from this level and reach to the first target around 2860 and second target 2840.. These targets work also as support areas.. I Have also given a short position in the chart...

KEY POINTS:
CURRENT PRICE            2887              
SUPPORT AREA              2887/2882

TARGETS:
1st TARGET                        2860
2nd TARGET                       2840
CANCEL TRADE                 2912

13 Feb

Dagangan ditutup secara manual

XAUUSD has almost reached to the first target because it has reached 2864 and first target was 2860 so lets close this trade manually..