motleifaul

Below Support

Short
motleifaul Updated   
FX:XAUUSD   Gold Spot / U.S. Dollar
We are holding well below the support so that we may expect a further decline. I consider the MA indicators as less important in this case as the lines show a clear picture now.
Trade closed: stop reached
Comment:
It was amistake not to wait intil the Moving Averrages had been broken.
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