ScottMescudiForex

IT'S ALL BAD NOW! BEARS IN CONTROL

Short
ScottMescudiForex Updated   
FX:XAUUSD   Gold Spot / U.S. Dollar
Hi traders!

A very simple trade with a very simple explication!

XAUUSD finally gave up and let the bears claw back in. We have a clear reversal that happened last week. MACD gave us a fakeout and now confirmed and RSI is now dropping too.

Trade safe!
Trade closed: stop reached:
Todays FOMC minutes push back up our trade

SL was in profit so we secured some pips!

Succesful trade!
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.