VixnWong

XAU/USD BEARISH BUT WAIT.

Short
VixnWong Updated   
SAXO:XAUUSD   Gold Spot / U.S. Dollar
what I see it there are resistances around 1698 ~ 1705. Therefore, I suggest to short XAU/USD after saw confirmation from H1-H4 MACD.
RISK MANAGEMENT IS KEY.
Trade active:
So as I said so far gold wouldn't won't able to break resistance at 1705, and stochastic(5,3,3) on H4 is about to dropdown.
Trade closed: stop reached:
sorry for the lost feel really bad to give out a bad tip
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