HutsonBay
Short

XAUUSD GOLD - Pending Setup - Short

OANDA:XAUUSD   Gold Spot / U.S. Dollar
Trade what we see:
Gold has formed a lovely bearish channel with lower lows and lower highs.
We currently are approaching another swing high and a fib retracement, and once we have bearish confirmation, this pair offers a nice risk reward.
Take profit at a S/D zone.
price has now broken the 4hr trendline and the short bias can now be considered invalid.
Reply
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing House Rules Moderators Website & Broker Solutions Widgets Charting Solutions Get Help Feature Request Blog & News FAQ Wiki Twitter
Profile Profile Settings Account and Billing Get Help Ideas Published Followers Following Private Messages Chat Sign Out