XAUUSD SHORT TRADE!

8 jul 2020The graph shows a channel with a clear support and resistance line. The pair will go downwards to the resistance level. This trade is low risk with a well positioned stop loss. If pair breaks above trend line, idea will be invalidated and there will be an upward breakout. On the fundamental side, USD is quite strong at the moment.

P.S. I am quite new to Forex so I would really appreciate if you could like if you agree, and leave feedback down below. If you disagree, please do still leave a comment explaining why. Thanks

9 jul 2020

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Please follow me for regular forex ideas

9 jul 2020

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We are now beginning to see hints of a future movement downwards. However, still very early in the move. As we begin to see this, it is the best time to sell XAUUSD. Best of luck to those who sold on this one.

16 jul 2020

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Congrats if you took the trade. Nearly Perfect Take Profit.