Dave-FX-Hunter

Gold is bearish !!

Short
OANDA:XAUUSD   Gold Spot / U.S. Dollar
Gold was rejected on strong supply zone. And thanks to the strong USD is droping now. I will wait for daily TL break and absorbation of demand zone. Than I will short it on the new created supply. Target is 1312 where I will close part of trade and lets see if the market will dorp to the weekly demand around 1260.
Comment:
Gold tested trend line and is bouncing
Trade closed: target reached

Benefit from my personalized mentoring and FX signals to enhance your trading journey.

🎯 FX Signals www.fxhunterwealth.com/
🎓 Mentoring www.fxhunterwealth.com/one-to-one-mentorship/
🔵Telegram - t.me/fxhunterwealh
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.