XAUUSD Short position

OANDA:XAUUSD   Gold Spot / U.S. Dollar
Another Monday, another sell. Really not giving up on this idea coz this XAU position I think is oversold and after a series up uptrend we can see a massive drop..

One one side, we may see 1850 however I strongly believe that we will be going back to the 1770/1750 level this weel. Let's see how this day rolls as i try to a few pips first :)

Comment: overbought i meant***
Trade closed manually: Happy with my profit.closing on 200pips after 3days.. not bad :)


i like your idea, eagerly waiting for the correction of first impulse starting thursday
+1 Reply
delrosariohanan staytruebeyou
@staytruebeyou, yeah me too. been waiting. when it had that first spike last week, it doesnt seem right and it's like a trigger for a new downtrend. If we hit 1789 that may be our first sign. Im willing to wait :)
almost there :)
finally! let's go Gold!!!!
overbought i meant***