Super_B_XinR

XAUUSD price may fall back as the market stabilizes

Short
Super_B_XinR Updated   
SAXO:XAUUSD   Gold Spot / U.S. Dollar
After the price tested the $1790-1795 resistance level, the bulls seem to have given up the fight and are unable to push the price up to test the second resistance. So you can see that the price is gradually falling and my view is changing from cautiously bearish to strongly bearish. If you have the same idea as me, you need to pay attention to the stop-loss level and set it far from the current price while managing the risk wisely.
Trade active:
Focus on resistance lines and red resistance zones
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XAUUSD Trading Plan
Trade active:
Trade closed: target reached:
Swing trading, shorting has taken profits.

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