TradingMax
Short

Short Gold break of support and retest of it aiming further down

FX:XAUUSD   Gold / U.S. Dollar
113 0 0
As my earlier idea on long $XAUUSD has been rapidly stopped out, the breakthrough the support lines and a retest provided evidence for a reverse direction earlier than I expected. Now a much more comfortable trade in the direction of the downward trend aiming to reach the bottom support line in the 1160 region.
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