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WillSebastian
Mar 18, 2024 10:21 AM

XAUUSD Up Or Down?  Short

GoldOANDA

Description

Hey Traders,

As Gold slowly loses long-side impetus, it is important to make wise entry/exit decisions.

These come back on natural flow and technical aspects, as well as the feeding market sentiment.

Changes to rate cut bets have caused slight negative impetus, and a weak tentative fall.

Looking for Re-shorts inline with prev highs / Re-longs in line with swing long zones labelled.

Watch for more.

Comment

Light re-shorts appropriate.

Comment

Maintaining short bias as markets crumble.

Comment

Still no upside. Awaiting FED. Maintaining short ideology.

Comment

Light RE short at highs on maintained rhetoric (no signif change)

Comment

Enter Shorts on previous rejection areas (highs)

Comment

Re-shorts inline with core risk management applicable.

Comment

Holding RE-shorts on current rejection. PA levels below exist for exits. Do not slam in and space out entries massively (100$ Min) with very low sizes.

Comment

Maintaining short bias. Remember, do not thump in believing this is the final move. It can, and in many cases will, go higher.

Comment

Feel free to re-short if you exited for gains yesterday on the above ^
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