XAUUSD WILL DROP AGAIN (READ CAPTION)

14 Jan

HELLO TRADERS, KINDLY SHARE YOUR OPINION ABOUT MY ANALYSIS 👇👇

XAUUSD, 15-minute timeframe chart

XAUUSD retested the Resistance level of 2672

👉General outlook
XAUUSD has been trading in a sideways market for the last couple of hours. The pair moved down to the Support level of 2672.

👉Possible scenario
The best way to use this opportunity is to place a sell order at 2670

Set your stop loss at 2678 below the previous low ($8.00 loss for 0.01 lot) and take profit at 2656 ($14.00 profit for 0.01 lot).

The risk-reward ratio for this order is 1:1.

ASK ANY QUESTION AND SHARE YOUR OPINION 👇👇

14 Jan

Trade aktif

First Target hit Running 100 pips