Gold Spot / U.S. Dollar
Short

XAU / USD Looking For More Downside (Road to $10K - chart 1)

65
Hello. Looking at the weekly, we should see some continuation to the down side. I want this particular day to mark my first chart of my personal goal to take my trading account to $10 K. I am looking to buy low and scalp only on really good intraday trades. Not sure who is even reading this but I will keep a journal posted. All thanks to Big G, my mentor and guide. Sunday has only a 2 hour daily candle (here in the US), so I expect it to close a small green to allow the next day, Monday, to take out some long positions and drop a bit more towards the 1775 /1770 levels, which will determine if we are going to keep dropping. This is only my opinion and analysis. Happy Saturday.

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.