#XAUUSD:800+ Pips Possible Selling Opportunity, What you think?

Gold touched 2195$ and then dropped, price have ranged between 2150 to 2170, in our latest bias; we observe a huge volume of sellers entering in the market. Which is why we think selling in the current market condition can give us an excellent opportunity for 'swing selling'.

Use accurate risk management which is demonstrated in the chart use the red lines for entry and exit and use the arrow for take profit. Total of 800 pips that we are targeting, however we advise to close the trade when you are satisfied with it. Good Luck and Trade Safe.

Please like and comment our ideas which will gives us encouragement to publish more educational chart analysis.

Operación activa:

Operación cerrada manualmente:

Dropped 200 pips and hit breakeven. :(