0511 XAUUSD weekly bear signal

FX:XAUUSD   Gold Spot / U.S. Dollar
Hello traders,

Gold has a bear hammer on weekly chart,
1243 will be a highest position for a few weeks.
This also is weekly fibo 382 position for correction.

So this chart is looking for a correction down to see 1205-1213 support and will see how gold decide to go then.

Our last trade on gold is risking nothing but still targeting 1243 and the short trade is not triggered yet.
We dont have any trade on Monday usually.
N this trade we got our SL moved up to TP1 already.

This idea is marked short on weekly chart.

Less is more!
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have you change strategy in two days?
madam xauusd hit 1262 due to indian having high demand in these days
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