Trader-MP

Gold for more down side

Short
Trader-MP Updated   
EIGHTCAP:XAUUSD   Gold Spot / U.S. Dollar
Even that return in GOLD fundamental no any reason for GOLD to go more up, even DXY will go down, instead long on GOLD i prefer to go up with NZDUSD or AUDUSD, GOLD need to go up based on recesion, war as safe haven and to be manipulated as is today based on change in bank policy about denomination of their currency in Gold, IMO a big bullshit, anyway better to have a confirmation of trade instead of catch the top, break down of the chanell bearish flag etc
not risk more than 2% of the capital
Comment:
look like a double TOP is forming, stay close for entry if not alreday
Comment:

if u are from top stay in, more downside
Trade closed: stop reached

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