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XAUUSD SHORT TRADE!

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The graph shows a channel with a clear support and resistance line. The pair will go downwards to the resistance level. This trade is low risk with a well positioned stop loss. If pair breaks above trend line, idea will be invalidated and there will be an upward breakout. On the fundamental side, USD is quite strong at the moment.

P.S. I am quite new to Forex so I would really appreciate if you could like if you agree, and leave feedback down below. If you disagree, please do still leave a comment explaining why. Thanks

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We are now beginning to see hints of a future movement downwards. However, still very early in the move. As we begin to see this, it is the best time to sell XAUUSD. Best of luck to those who sold on this one.

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Congrats if you took the trade. Nearly Perfect Take Profit.