Gold Spot / U.S. Dollar
Short
Updated

XAUUSD TRADE IDEA

313

Hi everyone,

here is my gold price movement forecast. My forecast tends to lean towards temporary strength for gold. Therefore, if there is a rejection at the trendline on the H4, I will wait for the price to come back to 3320 before shorting gold... If the price successfully breaks the entry price and makes a new high, I will look for opportunities to long towards 3402.

good luck all

**My trading strategy is not intended to be a signal. It's a process of learning about market structure and sharpening my trading my skills also for my trade journal**

Thanks a lot for your support
Note
Alhamdulillah, yesterday's forecast hit 550 pips
Trade active
"Look for rejection from these two levels, 3240.46 and 3219.69, before entering long on XAUUSD."

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