elliotthforex

XAUUSD Short Position

Short
OANDA:XAUUSD   Gold Spot / U.S. Dollar
My Bias is currently short due to the overbought condition of the market and the fact we have just hit the top of a well respected 4HR descending channel.
Trade closed: stop reached:
Well the SL was too tight but then the trade played out exactly as expected. My SL was hit then both my TPs were hit sadly. Still overall a great setup just a bit too tight of a SL.
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