Our Preference: Sell below 1285 for the target of 1276 and 1269 level
Alternative Scenario: Nill
Technical Commentary: In Daily Chart :- XauUsd was failure to break upper trend line of key resistance level and yesterday it was closed on liwer side as bearish candle and gold was trading in the sideways movement and its trading in the triangle pattern and its bounce back from upper trend line, so we can except on selling side and we can sell near intraday resistance levels and except upto next key support levels:- which we have shown in attached image.
In Daily Chart :- XauUsd was failure to break upper trend line of key resistance level and yesterday it was closed on liwer side as bearish candle and gold was trading in the sideways movement and its trading in the triangle pattern and its bounce back from upper trend line, so we can except on selling side and we can sell near intraday resistance levels and except upto next key support levels:- which we have shown in attached image.
| PIPS COUNTER - SINCE JANUARY 2013 | ||
| Total Trades | Total Pips | |
| EUR / USD | 1135 | 10130 |
| GBP / USD | 1054 | 10550 |
| USD / CHF | 907 | 8945 |
| EUR / JPY | 818 | 10435 |
| XAU / USD | 1156 | 207955 |
| TOTAL: 248015 | ||
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