XAUUSD Trend Following Trade

FX:XAUUSD   Gold Spot / U.S. Dollar
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Please Share your ideas too

The Price is now at Previous Structure Level. Possibility there might be reversal at this area where "Previous Support Become Resistance".

Do add filters before you enter short in this trade. Example: Look for RSI oversold, Daily Reversal candle formation, Double Top formation on 4H chart.

This is just my shared ideas. But sure i will look for shorting opportunities if there happen to be double top formation at the Structure Level. :)
Comment: Sorry :) look for RSI overbought condition
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