OANDA:XAUUSD   Gold Spot / U.S. Dollar
Gold has broken its 1H Trend line and Retested it again now its moving downwards to our daily Resistance (POI) its a Significant level of Almost on each higher time frame as its Support level over Weekly and monthly charts so we are keeping an eye over this level a long time now as we have said that we are waiting for Some fundamental data which is too significant in this scenario we are waiting home sales data in our favor and gold will likely to rise today but its too early to give any opinion so we will wait for news and then put our position as we have taken a short trade with almost 1.94 R:R which is currently runing
Keep your Losses tight and targets higher
only thing in market to take care is your balance and your losses

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