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Finchcliffe

XAUUSD (Gold): In downward channel

Short
Gold Spot / U.S. Dollar (OANDA:XAUUSD)  
Finchcliffe Updated   
OANDA:XAUUSD   Gold Spot / U.S. Dollar
Trend Analysis Chart Patterns Fundamental Analysis XAU USD XAUUSD Gold dollar fed
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trendanalysis chartpattern fundamental xau usd xauusd gold dollar fed
Seeing a downward channel so expecting further bearish bias from here.

Fundamentals seem to be supporting this too, with cease fire talks in middle east, and I'm expecting continued strength from the dollar this week, supported by the fundamentals news on Thursday and Friday.

We're posting HH and HL formation and expect this to continue through this week.
Trade active
Comment:
So far so good, we got the second rejection off the descending trendline

snapshot
Trade closed: stop reached
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