XAUUSD : GOOD ENTRY FOR BEARISH

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1st: Triangle movement break down: A strong Bearish Signal.
2nd: Technical Drawback by hitting at 1723.00
3rd: Bounce by hitting trendline resistance 1734.00 - 1736.00
There will be 2 entry, one for the first entry, which you be able to split 1 trade into 2 trade. one leave it for TP on 1725.00, and the 2nd trade aiming 1712.80.

Entry Point: 1734 - 1736.00
TP: 1725.00

If hit support on 1723.00 then a little drawback its our entry point for continued bearish movement.

Reentry : 1726.00 - 1727.00
TP:1712.80
評論
Base on current market movement, Spike High due to FOMC. Well, please do not panic, now the gold will continue bearish aiming at 1712.30.
評論
Congratulation to those who get better entry price as i mentioned earlier in this analysis.
交易結束:目標達成
1st target reached.
Support and ResistanceTrend AnalysisTrend Lines

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