XAUUSD:still inside a descending channel before a big move

Traders:

Gold has already test the neckline for us so far.

And made a clear channel right there and ready to drop down to 1165-1160 support area.

We have entered at 1191 last week and hold it till now.

Ready to enter another short trade again at 1186 till 1170 first.


Less is more!

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1291 not 1191
sorry. typing mistake.

Trade stängt: målet nått:

tp1 hit 1265 hit .

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hold it to see if 1260 can be hit.

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Handel aktiv:

short again.

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short again.

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the second short trade till 1240

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and the first short trade entered at 1291 , still holding it .
the second short trade entered at 1275, still holding it too .

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$30 for the first trade now,
$15 for the second trade now.

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$30 for the 1st trade now ,
$15 for the 2nd trade now.

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1243-1250 support zone.

Trade stängt: målet nått:

1259

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Gold is now pulling back to b .

Once B is confirmed, short trade enter again.