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XAUUSD potential Break-out opens the Sell Opportunity.

 

 

In a 4Hr time-frame, USD dominating the gold the XAUUSD raging towards Down. The impulse formation from the current zone could easily fetch the price range 1221.01. Alternatively, if the XAU starts Domination end your trade @ 1251.33.

Signal Specification

Entry: 1238.77

Tp: 1221.01

Sl: 1251.33

Happy trading.

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Note:
Trade signals would usually have a risk to reward ratio of 1:2.
It means that even 2 out of 4 signals hits their SL marks, the other two would have closed with profit.
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Signals are usually inter-day (Based on the daily candle) therefore, trades would usually have a holding time of an average minimum of 24 hours.

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14 Dec 2018 5:39 pm Posted by tamilforex

 
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