XAU/USD: Weekly cypher completed...

Cypher completed..., second approach of the PRZ/trendline may be a good opportunity to get a short in, if confirmed on smaller TF's only!

Be careful..., Brexit...

Comment:

People who took this short may want to consider trailing SL to BE since the 200MA might give us a bounce back up.
I all depends on ones strategy, position size and money management of course!

Comment:

I'm currently looking at a triangle scenario:

However: If it breaks to the downside, below the "up" trendline, we might be on our way for the Cypher targets...