Hong XAU Percentage Index 1 indicates there is a potential good opportunity to short the XAUUSD. DSP goes to level and about to cross with DMP, indicating a chance to Short.
Now I have 0.05 lot of short order at 1262.5 and have placed two other sell limit orders: 0.05 lot at 1259.5 and 0.05 lot at 1263.5. Will have more short orders when the trend is confirmed by DSP and DMP.
Now I have 0.05 lot of short order at 1262.5 and have placed two other sell limit orders: 0.05 lot at 1259.5 and 0.05 lot at 1263.5. Will have more short orders when the trend is confirmed by DSP and DMP.
Comment:
The gold price goes up due to the Kim and the Trump. Still, I will short the XAU. The primary entry price is around 1290.