ForceFollower

XAUUSD (GOLD) trending down

שורט
FX:XAUUSD   זהב / דולר אמריקאי
The down trend is very strong, so I keeping looking for an opportunity to go short. I believe that this low of the wide range bar is going to be retested next week. I also believe that gold is not done falling until its 'final' low is immediately rejected at new levels by strong buying & profit taking.
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There is a very high degree of risk involved in trading forex. I assume no responsibility or liability for any trading or investment results. My posted statements and charts may unintentionally include inaccuracies. All content posted is for educational purposes only and is not a financial advice. The presented set-ups are not solicitations of any order to buy or sell.

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