Gold Spot / U.S. Dollar

Short

Short XAUUSD

Updated

Divergence on 4hr chart + daily pinbar . Possible near term top for XAUUSD. Wait for price to cross 100Hr MA to confirm.

Note

Price crossed 100Hr MA, testing 200Hr MA. lets see if it closes below 200Hr MA

Note

Double top forming + another daily pin bar. Tmr FOMC is key, should Feds be less dovish than expected, i.e dont give signals of cuts. XAUUSD will drop.

Trade closed: stop reached

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