KeishaFX

Gold trading idea today

Short
KeishaFX Updated   
OANDA:XAUUSD   Gold Spot / U.S. Dollar
Hello traders, what are your thoughts on GOLD? Breaking out of the downward channel has caused the price of gold to continue its descent. Currently trading at $1981, the current recovery seems to be a corrective move towards the $1984 level before it is expected to decline as indicated. The FED's interest rate announcement today may be a catalyst for gold's movement.

What is your perspective? Do you agree with me?
Trade active
Order cancelled
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.