KVE
Short

XAU/USD: Weekly cypher completed...

FX:XAUUSD   Gold Spot / U.S. Dollar
330 2 15
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:
snapshot

However: If it breaks to the downside, below the "up" trendline, we might be on our way for the Cypher targets...
KVE arif_awan
That's it! The only thing is with a brexit I was hesitating to short it right away..., we might as well break above the trendline...
I had this one on my radar for quite some time already and now I hesitate..., I'll see what to do at a 2nd approach of the PRZ...
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