mohamadrezaKhorsand

My idea is a short position

Short
OANDA:XAUUSD   Gold Spot / U.S. Dollar
Gold is in a 4-hour chart inside a strong bearish channel . In the lower chart, it is inside a descending channel , which must reach a price of at least 1770 to reach the ceiling of the channel.
According to US news, the Federal Reserve and their decision on bonds and interest rates, the dollar is unlikely to fall this week.

The idea of most traders is a long position. But I suggest the short position until the end of the market working hours.
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Trade closed: target reached: Yes . It went near the first target and the market closed