XAUDUSD Short - Note the massive weekly wick from last week
The whole world seems to long Gold now. However, note the following for reasons to be short.
# Price hasn't closed above 1700 on a weekly closing basis yet.
# A massive weekly bearish pinbar formed last week.
# Price is at the border of the ascending channel.
Watching Price Action closely for a short setup.
# Price hasn't closed above 1700 on a weekly closing basis yet.
# A massive weekly bearish pinbar formed last week.
# Price is at the border of the ascending channel.
Watching Price Action closely for a short setup.
Comment:
A clearer view on Daily.
Comment:
Gold Short playing out nicely so far
Gold Short playing out nicely so far