farmtrader15

Gold is looking like a short as of now.

Short
farmtrader15 Updated   
FX:XAUUSD   Gold Spot / U.S. Dollar
Gold has broken below a key trendline and is currently back testing it. If gold confirms below this level we can expect lower prices in gold in the following weeks.
Trade active:
Got short yesterday on the back test, good luck to those who may follow the idea.
Comment:
First support is around 2017

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.