GOLD April 22, 2024: Closing Down Below The Trendline
On April 22, 2024,
GOLD
started to move down below the trendline which is shown on the chart.
Therefore I have closed the rest of my long position in $OANDA:XAUUSD.
See the related ideas section for the description of my previous positions.
Overall, it seems
GOLD
is still in an uptrend both on daily and weekly chart therefore I am not shorting it.
GOLD
started to move down below the trendline which is shown on the chart. Therefore I have closed the rest of my long position in $OANDA:XAUUSD.
See the related ideas section for the description of my previous positions.
Overall, it seems
GOLD
is still in an uptrend both on daily and weekly chart therefore I am not shorting it.