prathib99

XAUUSD SELLS 1st June

Short
OANDA:XAUUSD   Gold Spot / U.S. Dollar
Price has bern very bearish coming into this new month. Last month had alot of sideways movement and this month im anticipating price to move lower. The previous daily has closed bearish yesterday and i want to be taking positions coming down as we break the low of the previous daily candle. Im not gonna be taking current daily highs as stops, as it is too small so im gonna be taking a decent 40 pip stop from the break of the low. TP is at the bottom of the range as per usual. I have not taken any trade this one month and im excited to see how this one goes.
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