Yuriy_Bishko

GOLD (XAUUSD) broke down triangle.

Short
Yuriy_Bishko Updated   
TVC:GOLD   CFDs on Gold (US$ / OZ)
I will open Sell after pullback and fake broke near $1288
because:
- Price broke down triangle
- Daily candle close under it

After 100 like I will do all updates and will write S/L and T/P points it there will be an entry
Comment:
Gold bounced hit $1276
There will be new sell entry if daily candle will close under $1276

I wait on confirmation
Comment:
Next sell entry will be after break down of key level $1276
Comment:
Price bounced up from key level $1276
I wait when the price will come close to $1288 there could be a good entry point

Our basic scenario. Price come to key level $1288 make fake broke and 1hour candle close under it - that will be that best sell signal

Comment:
Also, Buy scenario

There will be a Buy signal if the price will break up $1288 and 1-hour candle will close above it.
That will be the best buy signal
Comment:

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