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AbidRhmn
May 28, 2020 10:21 AM

XAUUSD SHORTS! Read the description! Short

GOLD / U.S. DOLLARICE

Description

Amazing opportunity here on GOLD!! The pair created a sort of descending channel where both of the trend lines are nearly parrallel to each other, and now gold reached a price where it's touching both trendline and a key support and resistance zone! We could se an amazing fall of this pair for over 200 pips!
Comments
EngYonis
Good position sell
AbidRhmn
@EngYonis,yes! It looks promising
h1fx
I have the same analysis but I’m second guessing it as it’s closed outside the channel
AbidRhmn
@h1fx, it's still inside of the channel
Marcel69
Should we not better wait the economic calander from usa? Before investing?
Unknown_k6
@Losttrack fundamental analysis only provides volatility not direction
AbidRhmn
@Losttrack, Yes!! It's really important to follow news on the economic calendar.
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