JasonFosterII

XAUUSD August 17th Analysis

Short
OANDA:XAUUSD   Gold Spot / U.S. Dollar
Renko chart is used for better price action entry. To the right is 30 min chart showing bearish divergence. Once price closes below 1784.483 expecting price to reach 1766 area.
Trade active:
Created 30 min trendline and entered off 5 min close (break of trendline)
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