XAUUSD: An appealing case for shorting

XAUUSD: An appealing case for shorting

26 April 2016, 10:39
AynGannRand
0
32

Pre-Requisite Reading: XAUUSD; Short Setup in the Money

Even though we have emphasized the bullish case for Gold in the medium-long term in this article, in tandem with our short term targets, the Yellow metal should touch the 1180.00 area before starting to rally again. We are holding a short position from April 21st in 1259.4 level, with an adjusted Stop Loss now 1270.5.

What is appealing in XAUUSD chart is the ... Read More

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