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ForexExplained
Jan 9, 2021 11:37 AM

XAUUSD SHORT Short

GOLD / U.S. DOLLARICE

Description

- Price has broken the daily trend to the next support
- On the 4H chart it is retesting the zone as a ceiling
- Using the 240MA as an entry trigger, wait for price to reach up to it before sell entry
- Take profit is at the next support zone
- Use proper risk management
Comments
kezybaby
I agree gold will drop. i think it may drop to 1500 levels for gold investors to invest. Currently the price is to high for investment
Karzon
Thanks for such clear charts!
Bittycoin_
Shorted
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