LearnByMistake

Gold retracement is not over yet

LearnByMistake Updated   
OANDA:XAUUSD   Gold Spot / U.S. Dollar
Upward are facing a very strong restriction in 1920 and 1944, we will only see the possibility to meet 2000 again if able to break through it. Otherwise, it's quite likely we can see the price drop below 1824 or further due to very weak support over there.

I'm quite new on trade analysis. So, please don't take it seriously and feel free to share your feedback.
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Waiting for idea position for long...
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Gold price is seems moving along with the trendline. It's highly manipulated, hope my buy order at 1850 can be matched.
Trade active:

This is to record my own learning journey. Feel free to give comments. I place multiple long and short positions to hedge my risk and eventually keep my long since 1902. It's in profit now.
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I went to short on Monday due to the 4 hour candle broken the trendline, it end up became a green candle, hence, I open a buy position to hedge my risk and eventually close my short position with a small loss.
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