Gold Spot / U.S. Dollar
Short
Updated

XAUUSD DROP

160
XAUUSD is situated into ascending channel and likely will make a breakdown becouse the stoch is overbought.Buyers also made a step back because we can see at MACD buy volume it s still decreasing and now we are near the strongest resistance at 4 hour timeframe.
I think it s an easy short setup

Good luck!
Trade closed: target reached
Target reached!! enjoy :-)

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