KrisBogacki

just looking at the chart looking at potertial whing trade

Short
FX_IDC:XAUUSD   Gold Spot / U.S. Dollar
i have my stop loss just above the candle so that my risk reward is in line aprox 1:2 risk reward. the hma is trending down with a show of contraction and a large move to the down side... you can see the bb has really blown out and price is riding along the hma acting as resistence also with the "death" cross showing berish trend looks like strong buying has been hapening around 1279... let me know what you think if im off base... i know the dollar is showing weekness but i think that the usd is going to take longer than expected to role over
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