Gold Spot / U.S. Dollar

Short

XAUUSD Gold Short Scalp idea

Updated

I have entered short at 1709.72 twice. I will close one trade at TP1, move my stops to break even for trade 2 and allow to run risk free to TP2 and TP3

Note

I may leave trade 2 in for long term, as the chart seems to be trending to the downside, will probably do a separate graph for this idea.

Note

Hit stop loss, entered a bit premature. Monitoring now for re-entry

Trade closed: stop reached

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.