Undeterred

Gold: Short Trade

Short
Undeterred Updated   
OANDA:XAUUSD   Gold Spot / U.S. Dollar
Sorry guys i was not posting for some time. I took two profitable trades while I was not here.
Let's take a short trade as per my strategy. Inshallah, we'll make profit.
Trade active:
During the trade I stretched the SL. why? It is because the market was just eating the profits of others. neither the trend was up, nor technical analysis was indicating the market move. Moreover, all US indicators were in favor of US even then Gold was rising. it was just to make small traders panic and to eat up their profits. so we are still in trade. we'll bring SL back to its original spot. We'll make profits out of this trade Inshallah.
Trade closed: target reached:
Alhamdulillah, Alhamdulillah. Target reached. Stay tuned, more profitable signals are coming Inshallah.
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.