Mihai_Iacob

Gold- Stop Loss doesn't make me bullish

Short
OANDA:XAUUSD   Gold Spot / U.S. Dollar
In yesterday's comment I said that "Gold could correct from this point" and, although my trade was in 150 pips profit at some point, ended up with a loss.
Still, this stop loss doesn't make me bullish one bit, and my idea that Gold should at least visit 1840 remains intact.
From a technical perspective, things remain the same, with Gold trading at the upper band of the channel.
Yesterday's candle is a Doji indicating indecision.

I'm not holding a short position at this point, but I'm looking to sell on confirmation

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