Kingsley_Chi

XAUUSD A look at weekly timeframe

Short
OANDA:XAUUSD   Gold Spot / U.S. Dollar
As said earlier on, I'm not an expert in Gold trading but I anticipate a drop in the price of gold from a technical analysis standpoint.
Gold has approached it's weekly bearish trend line. An observation of how the price behaves at this point is crucial. Also risk management and position sizing should be applied as well. Happy trading.

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