s6ixfiv3

XAUUSD short

Short
s6ixfiv3 Updated   
OANDA:XAUUSD   Gold Spot / U.S. Dollar
She's going down guys. We can see that DXY has hit the 0.5 level of the fib retracement and bounced off ( or In the process of doing so) and we can see that Gold has come to retest the support of my upward channel that it broke down from last week and that's all I need as far as confirmation to short the gold. But when DXY reaches the top of it's downward channel I expect it to breakout BUT it might not see be ready to TP early on this Gold short. let me know what you think in the comments
Trade closed: stop reached
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.