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DvnielTrading

XAU Short

Short
Gold Spot / U.S. Dollar (OANDA:XAUUSD)  
DvnielTrading Updated   
OANDA:XAUUSD   Gold Spot / U.S. Dollar
Trend Analysis Chart Patterns Technical Indicators XAUUSD Gold goldspot
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trendanalysis chartpattern indicator xauusd gold goldspot
This is an idea not a guide

Reasons for short

  • Red engulfing after reaching liquidity area
  • Head and shoulders formation
  • VWAP arriving towards the demand area
  • Price looking to stabilise before having enough demand to push off again


Comment:
Dead on target,
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