Dretrades2024

Short Idea

Short
Dretrades2024 Updated   
OANDA:XAUUSD   Gold Spot / U.S. Dollar
I'm not a professional trader, but if we are just using price action, momentum and a simple trendline and Fibonacci, I'd say this is a likely short. I don't personally trade gold, I trade GBP/JPY, but I decided to just make a little idea for my trading journal :)
Comment:
My TP on demo is 2318 :)
Comment:
1M and 5M low broken, so far in profits :)
Comment:
To add confluence, News is on our favor :)
Comment:
*in our favor :)
Comment:
Used the 0.75 level instead, understandable
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.