NeptenFX

XAU/USD 04.09.2023 short

Short
NeptenFX Aggiornato   
FOREXCOM:XAUUSD   Oro / Dollaro
XAUUSD

Hello traders,

For today and this week, I'm looking for some sell positions. Today, I'm specifically eyeing a sell trade around the 1948 area. We've seen multiple rejections at this level, and the 4-hour Fibonacci also aligns perfectly with its 78% level. However, before entering this trade, I want to see some bullish momentum from DXY. It's essential to keep in mind that today there are no major news releases, which might result in lower trading volume. So, let's continue to monitor the market closely.
Trade chiuso: obiettivo raggiunto:
Made a 112pips profit of it.

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