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KB_MarketAnalysis

Short on the Pullback

Short
Gold Spot / U.S. Dollar (OANDA:XAUUSD)  
KB_MarketAnalysis  
OANDA:XAUUSD   Gold Spot / U.S. Dollar
Candlestick Analysis Multiple Time Frame Analysis Fundamental Analysis
4
0
candlestick mtfa fundamental
Gold slides as the greenbacks are in demand for liquidity.

Strategy:

Wait for a pullback on the 50EMA and a confirmation candle before going short.

Target the most recent swing low and trail stop until a bullish momentum reversal on 4H.
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