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ForexExplained
Jan 9, 2021 11:32 AM

XAUUSD SHORT Short

GOLD / U.S. DOLLARICE

Description

XAUUSD SHORT IDEA:
- Price broke the daily trend to the next support
- On the 4H chart the candle is retesting the zone as a ceiling
- Using the 240MA wait for price to reach up to the MA before entering for a SELL
- The MA is the entry trigger and the next support below is the take profit zone
- Use proper risk management
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