OANDA:XAUUSD   Gold Spot / U.S. Dollar
AFTER A RETRACE AND RETEST AND FAILURE OF LAST WEEKS HIGHS AROUND THE 1740-1745 MARK, PRICE FAILED TO MAINTAIN THAT ZONE
ALSO NOW FAILED THE 1730S -1737S AND NOW IN THE 1720S - 1725 ZONE
OUR BIAS IS SHORT INTO FRIDAY TO CLOSE OUT THE WEEK.

HAPPY TRADING!


*TRADE TIP* YOU CAN RISK ONLY 1%-5% OF YOUR TRADING BALANCE IN EACH TRADE DEPENDING ON THE SETUP. IS IT A HIGH PROBABILITY OR LOW PROBABILITY SETUP? HOW MANY CONFLUENCES OR SUPPORTING POINTS DO YOU HAVE FOR YOUR TRADING DECISION? SOMETHINGS TO THINK ABOUT FOR YOUR NEXT TRADE!


XAUUSD

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