WillSebastian

Down Goes Gold.. Learning Why These Moves Happen

OANDA:XAUUSD   Gold Spot / U.S. Dollar
So, we looked Short on Gold repeatedly.. and with good reason!

If you saw my posts and streams previously we looked at levels where we could look to get short.

We can now RE learn from this move for future reference and we can also plan out longs as price falls.

Remember, what comes up has to come down. It's inevitable. It's just how things work..

You need to:

1) Reflect on high the price is

2) Reflect on previous zones and what happened before.

3) appropriately assess your Risk Plan + sentiment of the market.

We can look to exit the short positions you had and take the gains RE short higher.

We are Looking to take long bounces as price falls to levels shown.

As always trade small and light!

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Posts Not financial advice.
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