TRADESBYZION

INSANE GOLD OPPORTUNITY

Short
OANDA:XAUUSD   Gold Spot / U.S. Dollar
Good night again everyone

Again, another weekly chart.
I will soon share my 1H or 4H chart analysis, so make sure you follow my profile so you get notified every time I post.

Here we have to factors that triggered my interest.
The double top formation, and a strong trend line (C).
Plus, a ragging channel marked with the leters B and D.
It makes me believe that the pair will be keen to short during 2021, so I've decided to open this position now.
There is a chance of almost endless PIPS, if entered at the right time !

Feel free to ask any questions, and to use this trade for your own !

Leave your opinion on comments, and show us some love by following our profile, so you get notified everytime I post.
Haftungsausschluss

Die Informationen und Veröffentlichungen sind nicht als Finanz-, Anlage-, Handels- oder andere Arten von Ratschlägen oder Empfehlungen gedacht, die von TradingView bereitgestellt oder gebilligt werden, und stellen diese nicht dar. Lesen Sie mehr in den Nutzungsbedingungen.