silasbright

Potential gold sell

Short
OANDA:XAUUSD   Gold Spot / U.S. Dollar
Price started in a uptrend creating high highs and higher lows, price then broke previous lows showing a break of structure and a potential change in trend. Price then created this down channel showing bears were in control. price consolidated for a long time then eventually broke to the upside a buy stop could’ve been placed and could’ve capitalized off that move for 2,000+ pips price is now at a major level rejecting on the lower timeframes and I took a sell looking for a big potential drop.
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