WillSebastian

XAUUSD SHORT TRADING PLAN

Long
OANDA:XAUUSD   Gold Spot / U.S. Dollar
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Here we have XAUUSD, which we are looking to go short on.

We are at the Previous strong resistance zones as highlighted. These have been strong areas already and give good impetus to short back down.

Our target is labelled by the direction of our trade and as price falls we can look to go long and continue our trend upwards and we are now looking to get short.

Gold has rallied as of late and the run is losing pace.

Remember, this is where we start to get short. Any higher prices we can sell again.


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