UnknownUnicorn2760874

XAU/USD price trades in Downward Channel with Possible Short

Short
FOREXCOM:XAUUSD   Gold Spot / U.S. Dollar
Hi friends, here my daily analytics for EUR/USD price.

Reasons:
- Price trades in Downward Channel
- Price near support level 1550 $
- Price can start fall from current levels
- To open short only after confirmation
- Always do your own research before opening positions and always put SL

If you have your own opinion or thoughts about current market situation, feel free to write it in comment below !
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.