Gold Spot / U.S. Dollar
Updated

Gold Shorts beware! (XAU)

318
Hello traders.

You can see my current XAU trade here:
Gold Scalp Short (XAU)


If you too are long, beware that taking profit is important when trading gold, because moves like the one highlighted above happen all the time. Bear traps and bull traps are common in gold...

Good luck =)
Note
as you can see it did exactly as expected.

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