The dollar yield slowly climbing up and more like the Federal reserve increase the interest rate in December , Gold slowly loose its luster. Bear will be looking to sell after break down 1250 on pull back and target 1200 area.

XAUUSD Day ( 13 Oct , 2016 )

Gold was hold around Brexit Gap about 1250 . Bear wait for it to break down and pull back to sell

XAUUSD H4 ( 13 Oct , 2016 )

H4 Down trend wait for breaking down to sell at pullback

XAUUSD 15M ( 13 Oct , 2016 )

Entry time frame 15M Wait for Break down 1250 Pullback Sell about 1250 SL 1265 TP 1200 .

2 thoughts on “Gold trade plan XAUUSD ( 13 Oct, 2016 )”

  1. Dalmas Ngetich - FOREX.TODAY says:

    It can be a good ride down for Gold, 1200 is a good target

    1. Daniel Chan - Forex.Today says:

      Thanks 🙂

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