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n0madtrader

SELL: XAUUSD - Closure below the support/downward trend

Short
Gold Spot / U.S. Dollar (OANDA:XAUUSD)  
n0madtrader Updated   
OANDA:XAUUSD   Gold Spot / U.S. Dollar
Support and Resistance Trend Lines goldtrade xauusdshort supportandresistancezones keylevel priceaction priceactionanalysis breakout sellsignal signals
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supportandresistance trendline goldtrade xauusdshort supportandresistancezones keylevel priceaction priceactionanalysis breakout sellsignal signals
We have entered a Sell on GOLD/XAUUSD.

Following our earlier analysis, we waited for a closure below the range, and entered a SELL

All timeframes are also Bearish. They are in a downtrend and keep breaking lows and supports, making the resistance lower each time

We will wait for at least 20+ pips before we will close part of our position, then SL to BE and will let the rest run.

Good Luck!
Comment:
I also really liked that there was no candles to the left, after we would break the support. There is a clear run down of almost 80pips until we get to the next support

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n0madtrader
XAUUSD - Price Action - Today's Key Zones - London/NY Session
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