Zamizaki

Gold is in critical position

Short
Zamizaki Updated   
OANDA:XAUUSD   Gold Spot / U.S. Dollar
The 1D chart is showing gold is in long-term bearish trend.
24th Aug 21 NY session even could not come out of this bearish bias.

The grey area is really nasty - need extra caution to trade.
Without a good scalping experience, better other currencies are good.

Someone is telling, anything above 1800 is sell.
Do you think same or different, please share your views -
Comment:
Gold is flame and we are The Insects - yesterday XAUUSD burned many retail traders, many traders got profit, it's the law of mass number, today I hope traders will be much more cautious for FOMC.
I'll not be surprised if smart money/manipulation brings XAUUSD up to 1825-30.

I have confusion, so I'm on the sideline (like NFP time) -
waiting for a short entry @ 1825.
The negative trend-line might be invalidated today -
Good luck traders,
Don't forget your stop-loss today, anything can happen between 1995 - 1825 The grey area.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.