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nicholas6897

H4 Idea for Selling

Short
Gold Spot / U.S. Dollar (FX:XAUUSD)  
nicholas6897 Updated   
FX:XAUUSD   Gold Spot / U.S. Dollar
Trend Analysis Chart Patterns Fundamental Analysis XAUUSD goldtradingstrategy
4
0
trendanalysis chartpattern fundamental xauusd goldtradingstrategy
Gold has been surging for correction past 4 days.

Wait for the H4 fresh demand zone break then we can continue to short this pair to lower.

Powell speech schedule on Friday US session. Based on studies it may stop dovish plan and create more hawkish fed plan. I am expecting gold to drop further next week.
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gold may create more high before drop
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Current price is align with fibo 0.382 retrace golden ratio zone.
Shall wait for the price move first before do anything.
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can try sell slowly now.
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