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XAUUSD Daily Analytics & Trading Tips
XAUUSD Daily analytics and trading tips for beginner on forex
The Gold price has dropped significantly over the past two days. Only the support level keeps the price of Gold from falling further, but it is not strong. If the bears are persistent, then, most likely, there will be a third wave, which will give us more than 1700 points to earn.
Symbol: XAUUSD
Order Type: Market - Sell Stop
Entry Price: 1677.00
Take Profit: 1660.00
Pips Earning: 1700
Stop Loss: 1680.00
Pips Risk: -300
In this position, the profit could be $ 1,700.00 with a trading volume of 100 ounces.
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