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XAUUSD is in 4H DownTrend - Wait for Confirmation

Gold Spot / U.S. Dollar (OANDA:XAUUSD)  
MP-Traders  
OANDA:XAUUSD   Gold Spot / U.S. Dollar
Trend Analysis Chart Patterns Beyond Technical Analysis XAUUSD goldtrading
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trendanalysis chartpattern beyondta xauusd goldtrading
As per my chart analysis for XAUUSD, it is caught in down trend in 4H time frame and moving towards sell direction...

But I am not suggesting to put a short trade in this scenario because it can be short hunt...

Wait for breakout of the downtrend in either side before executing any trade to trade safe and profitable...
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