The_Trendline_Alchemist

I'll sell GOLD at 50% retracement

Short
OANDA:XAUUSD   Gold Spot / U.S. Dollar
Gold is continue to trend downwards after the massive and fundamental spike last friday when US CPI came out.
20 EMA has crossed below 50 EMA and that gives the trade more validity.

Risk = 1.5%
RRR = 1.5 to 1.8

My W/L ratio is 60% to 70% so please don't expect every trade to win.

May the gold god be with you.
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