MP-Traders

XAUUSD is in 4H DownTrend - Wait for Confirmation

OANDA:XAUUSD   黃金現貨 / 美元
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...
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