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AaronSLuce

XAU/USD Short

Short
Gold Spot / U.S. Dollar (OANDA:XAUUSD)  
AaronSLuce Updated   
OANDA:XAUUSD   Gold Spot / U.S. Dollar
Trend Analysis Chart Patterns Trend Lines short Gold XAUUSD oversold Relative Strength Index (RSI) signal
7
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trendanalysis chartpattern trendline short gold xauusd oversold relativestrengthindex signal
Shorting after the overextended hype.

Kept a tight stop-loss, now moving it accordingly. Overbought on the RSI, big rejection candle formed today, waited for the bounce off the new downward trendline. I am keeping a close eye on this pair, for the potential to take profits if we see gold move to higher highs.
Comment:
Stopped at entry, was watching this pair closely.
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