Juan_fx_1

Shorting the XAUUSD Resistance

Short
Juan_fx_1 Updated   
FOREXCOM:XAUUSD   Gold Spot / U.S. Dollar
XAUUSD

#XAUUSD #GOLD

Bearish divergence: Price making Lower high and Indicator is making Higher high. Rejection on resistance + Oversold. We saw price respecting this resistance level for the past few days.
Trade closed: target reached:
Gold respected the resistance once again. Great confirmations on this.
Trade closed: target reached:
Target reached before price started to reverse. Pay yourself as a trader. Take some profits on various levels.
Comment:
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