XAUUSD: End of the bullish move?

16 Eyl

XAUUSD

Price on today rose to 2589 which is the record all time high on gold, and rejected from that point. Since that price has been consolidating in range. After looking at how price have behaved now we are certain that price is likely to drop. We need to monitor the price in asian session and see if we can see a huge drop in price.

23 Eyl

İşlem elle kapatılmış

Price dropped 400+ pips from our area of entry and then took us out and hit breakeven.