XAUUSD is in 4H DownTrend - Wait for Confirmation

As per my chart analysis for XAUUSD, it is caught in down trend in 4H time frame and moving towards sell direction...

But I am not suggesting to put a short trade in this scenario because it can be short hunt...

Wait for breakout of the downtrend in either side before executing any trade to trade safe and profitable...
Beyond Technical AnalysisChart PatternsgoldtradingTrend AnalysisXAUUSD

Disclaimer