OraclePips

Xauusd Bias Update: Short

Short
OANDA:XAUUSD   Gold Spot / U.S. Dollar
Looking at the chart above, you will see that the price is making a short pullback to the key level area. But I bet with you that this is the best time to shorten it by going down to the lower timeframe like H1 or m15. The price is still within the range of the pin bar candlestick. If you short this market, then the best area to place your stop is above the resistance line.

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