XAUUSD bulls didn´t push price higher

I had a long view on XAUUSD on last thrusday daily candle close, I setted a Buy stop at 1280 but it was a bull trap (Yellow circle) I was trigered, price came back down and I had a loss.

Now it seems we are about to break the trendline to the downside and retest 1200.

I already shorted at 1250, and I have a sell stop at 1240. Let´s see what happens!

Trade safer traders, regards! :)

Kommentera:

So we had bulls coming back in gold.

I took 150 pips in my first position but was stopped and BE in the second one.

Trade safe traders. Regards! :)