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Sell gold

by Saqib I, May 5, 2022

XAU/USD D1 vsa

by Saqib Iqbal May 5, 2022

5
Share

XAU/USD

|

Short

|

D1

Timeframe:

D1

Analysis Method:

vsa

Analysis:

Earlier, the buyers emerged t 1850 and saved the gold. This time, there will be no respite for the buyers. 200-DMA near 1835 is the target for the sellers. Sell if 1871 broken and aim for 1836. Exit the short position if the price hits 1900 and above

Trade Plan:

sell stop below 1871

Risk Management:

1%

Things To Watch For:

1900, 1871, 1836,

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DISCLAIMER

The trading ideas, analysis, and comments above should not be considered financial advice or recommendation to trade or invest in any financial product. Your personal situation has not been taken into consideration in the trade ideas. This page is for general educational purposes only. Do not buy or sell any product discusses on this page before doing your own research. Always do your own analysis and research and be aware of the risks involved in trading any financial product.

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