Xau/Usd
Updated
Xau/Usd Gold
This week I'm going to be in shorts for gold . I'm already in a short position at 2662 . If you look at the weekly timeframe we are at a resistance and all time highs . We been consolidating on the h4 timeframe but I do expect a downside move to the -0.27 or -0.6186 before taking buys . Yes , its pretty obvious gold is overall bullish especially since its a safe haven and everything going on in the world right now but before we buy we need a daily / weekly pullback . For now I recommend following the h4 as your main timeframe .
This week I'm going to be in shorts for gold . I'm already in a short position at 2662 . If you look at the weekly timeframe we are at a resistance and all time highs . We been consolidating on the h4 timeframe but I do expect a downside move to the -0.27 or -0.6186 before taking buys . Yes , its pretty obvious gold is overall bullish especially since its a safe haven and everything going on in the world right now but before we buy we need a daily / weekly pullback . For now I recommend following the h4 as your main timeframe .
Note
H4 : Head and Shoulder Pattern
Trade closed: target reached
- TP1 -27.00% was hit 
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