NeptenFX

XAU/USD 15.09.2023 sell

Short
NeptenFX Updated   
FOREXCOM:XAUUSD   Gold Spot / U.S. Dollar
XAUUSD
Hello,

Today, my focus is on a sell trade for gold. We're currently encountering a Fibonacci and resistance area on the 4-hour timeframe, and the Dollar is exhibiting strong bullishness. However, as always, exercise caution and keep a watchful eye on the news, as it can significantly impact market dynamics. Make sure to align your trading strategy with both technical and fundamental factors.
Comment:
all 3 news are bullish so perfect condition for a sell
Trade active
Trade closed: stop reached

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