thebasiqtrader

Short position on XAUUSD

Short
OANDA:XAUUSD   Gold Spot / U.S. Dollar
This is my analysis on Gold today. This is assuming Gold is done with its run up. Yesterday I wanted Gold to reach 2050 and did just that after stoping me out first haha. If the current 15m does break and close below the previous low them I will seek entry at around 2041.955. No matter how deep it goes down after I post this. Gold tends to always retest previous SnD. Again this might be a risky entry just incase it retests 2050 again. Thank you

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