I'm looking to wait out 2000.
XAU just broke structure to the downside with high volume, which tells me that there is selling pressure.
Historically, anytime XAU went above 2000, it ALWAYS came back and went below 2000.
I've been shorting this since December, with no overthinking. It's important to use proper risk management so you can withstand any temporary bull moves.
XAU just broke structure to the downside with high volume, which tells me that there is selling pressure.
Historically, anytime XAU went above 2000, it ALWAYS came back and went below 2000.
I've been shorting this since December, with no overthinking. It's important to use proper risk management so you can withstand any temporary bull moves.
Comment:
Was holding, already hit TP.