Gold Spot / U.S. Dollar
Short

xauusd short trade idea.

107
gold has been doing very well agaisnt the US dollar during the corona virus pandemic but is the bull run going to come to a close any time soon. i personally feel xau is over bought and it is sitting at a strong resistance. in my opinion gold needs to at least correct itself and this will spark the scared bulls to become very eager bears at the first sign of trouble.

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.