fabfive888

Short XAUUSD

Short
fabfive888 Updated   
FX:XAUUSD   Gold Spot / U.S. Dollar
Divergence on 4hr chart + daily pinbar . Possible near term top for XAUUSD. Wait for price to cross 100Hr MA to confirm.
Comment:
Price crossed 100Hr MA, testing 200Hr MA. lets see if it closes below 200Hr MA
Comment:
Double top forming + another daily pin bar. Tmr FOMC is key, should Feds be less dovish than expected, i.e dont give signals of cuts. XAUUSD will drop.
Trade closed: stop reached
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