pardis
Long

GOLD OVERVIEW .....BULLISH

FX:XAUUSD   Gold / U.S. Dollar
333 4 9
THE MOVEMENT ON A DESCENDING CORRECTION...
THE LAST WAVE IS GOING TOWARD THE DESCENDING TREND LINE .....
THE LAST CANDLE IS BULLISH ( HAMMER ) AND ITS TOP OF THE SUPPORT AREA ...
MY ANTICIPATION IS BUY TILL TREND LINE AND 61.8 FIBO LEVEL
What's the RR ratio you have in mind?
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ITS MY IDEA DEAR FRIEND ....USUALLY I DONT ENTER TO TRADES WITH R/R BELOW THREE AND IF U R LOW RISK TRADER DO THIS
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hovedguy pardis
Agree.....probably I will be more comfortable in taking the bounce off 61.8% ;) SL looked little tight there.

snapshot
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