usmand

Gold (XAUUSD) Symmetrical Triangle Modified! where to Enter?

Short
OANDA:XAUUSD   Gold Spot / U.S. Dollar
Gold Lower Following FOMC Release, Still Within A Consolidation phase.

Gold broke trend line yesterday and touched today $1937 area.
candles show very strong bearish pressure.
Moreover 4H closed below 50MA. This shows some bearish Bias.

Where to Enter for sell?

Enter at retest of broken structure btw $1947 to $1957.
0R
Best entry at when market breaks and place 4h below $1937.

Goals:
$1920
$1920, 1980

Every system has a limitation!


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