motleifaul
Short

Confirmed downtrend

FX:XAUUSD   Gold Spot / U.S. Dollar
32 0 0
The dowmtrend has been tried 11 times since October, 14th but the price never overcame the 1180 resistance sustainably. I take it as aconfirmation of the downtrend and sell some ounces.
Trade closed: target reached: I am closing this deal taking the profit. There is a cross support in place here which may result in 2-3 sideward days now.
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