Intraday short play in Gold

9 Tem 2019

XAUUSDXAUUSDXAUUSDXAUUSDXAUUSD

Trade Idea

Intraday - We look to Sell at 1400 (stop at 1407)

The medium term bias remains bullish.
With our medium term bias looking to buy dips and the short term bias indicating selling interest we are faced with mixed signals.
Selling posted in Asia.
Expect trading to remain mixed and volatile.
We look for a temporary move lower.

Our profit targets will be 1385 and 1380

Resistance: 1400 / 1407 / 1420
Support: 1385 / 1380 / 1375