FX-TradingLions

XAUUSD | IS USUALLY A BUY, BUT CAN WE SELL? - FOREX TRADING LION

Short
FX:XAUUSD   Gold Spot / U.S. Dollar
Hello Traders,


So recently we had a bearish engulfing cnadle on the daily timeframe bouncing off the 25-50 moving averages now, we are currently on a pullback on the 4 hourly timeframe, but I would only buy this trade if it would break all 3 moving average lines, if we would get a confirmation off a bearish engulfing candle on the lower timeframes, it could be a nice trade short.

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