Get started
SimpleMillennialAverage

XAUUSD VS The Wall of Trump and Moving Averages The Last Stand!

Short
Gold Spot / U.S. Dollar (FX_IDC:XAUUSD)  
SimpleMillennialAverage Updated   
FX_IDC:XAUUSD   Gold Spot / U.S. Dollar
XAU USD dollar Gold trump yellen nfp maga
5
1
xau usd dollar gold trump yellen nfp maga
My previous trade banking on a daily reversal failed so looks like XAUUSD is on a last stand as the 50MA daily support(1210) needs to hold if bulls have any chance of turning the trend around.

Its possible the downward momentum may continue till Non-Farm Payroll release on friday.

Entry: 1225.45
SL: 1227.5
TP: 1210

Any feebacks are appreciated!
Trade closed manually:
Closed most shorts on 1215. Possible reversal IMO

Related Ideas

SimpleMillennialAverage
Make XAUUSD Great Again! March 20-24 Trading Plan
SimpleMillennialAverage
USDJPY Possible Daily 50MA Rejection and the Handle formation
SimpleMillennialAverage
XAUUSD VS The Wall of Trump and Moving Averages Round 2: HAMMER!
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.