OANDA:XAUUSD   Gold Spot / U.S. Dollar
Gold made a bull run from lows of 1764 back up above 1800.

I took a sell at 1808 with stop loss at 1812.50

If price breaks 1812.50 it could still be bearish as the high is at 1818, but it could be capped by the descending trend line (blue line on the chart).

I might try and sell again if that happens, but I don't want to sell from here with 100+ pip sl.

But if it does break we could also get a retest of 1812 before continuing up so I'm waiting to see what happens and make a decision then.

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Spot on 🔥
+2 Reply
Nice one bro
+1 Reply
Sl hit. Waiting for further confirmations before entering another trade