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NathanielRondon

XAUUSD forming Double Top, possible short trade when confirmed.

Short
Gold Spot / U.S. Dollar (OANDA:XAUUSD)  
NathanielRondon  
OANDA:XAUUSD   Gold Spot / U.S. Dollar
Trend Analysis xauusdshort XAUUSD goldusd goldtrading Gold US DJ FXCM Index
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trendanalysis xauusdshort xauusd goldusd goldtrading gold us usdollar
XAUUSD slides down last night up to 1339 from 1352 mark. This forms that the sellers are slightly taking the position. As of now, a double top formation is visible in the 4 hour chart. If this is confirmed, this might be a sign for you guys to short it. However be careful because today is Whipsaw Wednesday, it might form then it would go long after this day. Please manage your risk very well. Don't get caught.
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