XAUUSD (Gold) | Short Oppotrunity | High-risk
Good Morning Traders
Here a very short analysis on Gold (XAUUSD)
The following Trendline from the past 5 days couldn't hold the price anymore. We got a breakout trendlinebreak to SELL.
On technical Point it's a good sign for Short but be aware of the current Geopolitical Situation (Tradingdeal with China which seems to be a Problem).
It could have an effect on US-Dollar that's why this Idee is only for Risk-taker
Key Notes:
Here a very short analysis on Gold (XAUUSD)
The following Trendline from the past 5 days couldn't hold the price anymore. We got a breakout trendlinebreak to SELL.
On technical Point it's a good sign for Short but be aware of the current Geopolitical Situation (Tradingdeal with China which seems to be a Problem).
It could have an effect on US-Dollar that's why this Idee is only for Risk-taker
Key Notes:
- TP: 1745.00
- SL: 1765.00
- RSI: 44. (slight oversold)
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