Recent market sentiment seems to be waning despite price holding around 1315-1320. Nonetheless, going to follow the system and short XAU/USD.
If bearish trend continues, expect to get down to 1275-1280, but will hold until signal in opposite direction is given.
If bearish trend continues, expect to get down to 1275-1280, but will hold until signal in opposite direction is given.
Comment:
Stop Loss at 1335.
Trade closed: stop reached:
Big jump up yesterday. Still this is about to turn, perhaps sometime next week so will wait for another signal to jump back in and short.