OANDA:XAUUSD   Gold Spot / U.S. Dollar
Here's a quick recap of how we shorted XAUUSD this morning at the London open and banked over 10k profit.

We traded a reversal in price coming to the 30% of the fib retracement, from the recent high to the recent low, RSI was up at the 70 level and it was all connected with a trendline.

This is a classic example of the trade setups we take.

Questions are welcome and will all be answered.

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.