KingL

Small short, then Long

Long
OANDA:XAUUSD   Gold Spot / U.S. Dollar
Similarly to Silver I'll enter an Intraday trade for %50 fib retracement price $1916-$1918 area with my confluences and hold/exit at $1950-$1954 which is the %61,8 fib retracement area.

Wait for markets to settle and enter a Sell position down to $1879-$1881 area, and because the DXY is increasing in temporary power, wich is needed in order to take my overall LONG position for Gold up to $2200-$2500.
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.