FUNTRADER-Vera

2701 XAUUSD is waiting for signals on daily chart for 150 pips

Short
FX:XAUUSD   Gold Spot / U.S. Dollar
XAUUSD is building a potential selling position of a harmonica pattern.
This pattern could send price of GOLD down for 150+ pips.

Good luck on finding ur entry after confirming the selling signals/
LESS IS MORE!
Comment:
Gold might not drop that hard before testing last high firs.
Comment:
The daily signals for sell has not confirmed yet.
Trade closed: target reached:
Gold found its support above 1560.
Following this idea to sell GOLD could make more than 150 pips.
Trade closed: target reached:
And we also have a new trade to buy GOLD later, with 90 pips hit for 1st target in this Asia morning.
This is what a buy signal looks like for gold.

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