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SunLion506

Short Position for bounce of either 200 EMA or 1800.00 Price

Short
Gold Spot / U.S. Dollar (OANDA:XAUUSD)  
SunLion506 Updated   
OANDA:XAUUSD   Gold Spot / U.S. Dollar
Trend Analysis
3
0
trendanalysis
Taking Short position for a possible 200 EMA bounce back to Bearish around 200 EMA and 1800.00 Price point on daily chart.
Comment:
I would recommend to wait for a solid confirmation candle.. In the past the chart has passed the 200 EMA before becoming Bearish.
Comment:
Closed Short position since chart is near 200 EMA on 1 hour chart.
Comment:
Chart has reached the 200 EMA on 1 hour chart.
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