RlcTrading

Xau/Usd is still in a downtrend

Short
OANDA:XAUUSD   Gold Spot / U.S. Dollar
Gold is in a downtrend still. Today gold pulled back in the downtrend again due to the bad unemployment news for the us dollar today.

I will follow the trend here and sell.

I also closed my silver buy trade today.

This is a trend following idea on the daily time frame.

It is a safe trade to take as long as you use risk management and trade it small.
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