tradingwithivan

SHORT - XAUUSD

Short
tradingwithivan Updated   
OANDA:XAUUSD   Gold Spot / U.S. Dollar
Im shorting XU

Reasons

1. After a big bullish rally, Im expecting some type of bears taking in control to 1480.00 handle
2. Price action is coming down off two descending trend line
2. Price is below 25 MA


R:R = 1:3

Risk 2% Overall Capital
Reward +6% ROI

Happy trading day !
Comment:
SL hit -2%

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