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XAUUSD: Profit on the Follow- Bearish.

XAUUSD losing its upward potential to match over the last Friday raise. Last Friday, gold pair reached its new high to make buyers happy meantime the gold couldn’t hold raise. Continuous USD domination oscillates the price range. In a 4hr time frame, XAUUSD ready to run towards the south to balance the buyers Invade.

Alternatively, the 1303.90 is a recent new high in the last 6 months. So, the pair has a chance to mark a target. In that case, end the [email protected] 1313.62.

Signal Specification

Entry: 1302.06

Tp: 1285.98

Sl: 1313.62

R/R: 1.39

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Trade signals would usually have a risk to reward ratio of 1:2.
It means that even 2 out of 4 signals hits their SL marks, the other two would have closed with profit.
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Signals are usually inter-day (Based on the daily candle) therefore, trades would usually have a holding time of an average minimum of 24 hours.

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28 Jan 2019 1:16 pm Posted by admin