XAUUSD 1H - Short Idea!

By KnightsofGold
Updated
As per the KOG report, we're entering the area where we would like to test the short on Gold. We will be trading with smaller than usual lots so we can be a little flexible with the stop.

Trade active
50% taken on this trade at 40pips
Comment
Stop moved to entry. We'll play it safe, if it gets hit we'll look to get back in higher up. Entry looks good so far
Trade closed: target reached
Supply and DemandSupport and ResistanceTrend Analysis
KnightsofGold
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