nantha82

SELL very tempting based on Daily timeFrame

Short
FOREXCOM:XAUUSD   Gold Spot / U.S. Dollar
Good day traders.
My own trade plan:

Price behaving according to the descending daily trendline.
I can see lower highs have formed following the descending line.

Why don't sell now? As retail traders are busy with the 1850 level and some have placed their trades, I WILL SHORT at 1842.65 and let my TP and SL speak for me this week.

Beware of FOMC this week.

Thank you
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