EWFAxel

XauUsd, Short trade (daily channel)

Short
FX:XAUUSD   Gold Spot / U.S. Dollar
0
- Gold remains within the downtrend channel,

- We dont have any reason to believe is a buy,
The 4h y 1h trend are down,

- My prefered path is the pair reaches the channel
and short it from there. (blue)

- 2nd option, it does a small pullback and from there
the downtrend resumes

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