TerryHarmonicTrading

Gold - ABCD pattern completing just above 1200

OANDA:XAUUSD   Gold
Hey traders, especially those who follow gold             .

I am planning to short Gold             this week.

This is on an ABCD pattern completing around 1205.

The entry level also coincides with the top of the channel.

This is about a 1:2 risk to reward trade.

Will monitor for rsi divergence and candlestick weakness before entry.

EP: 1205
SL: 1222 (17)
TP: 1172 (33)
Harmonic trader based in Singapore. Learned directly under the great Scott Carney. For FREE live trading webinars, trading resources and market analysis, please do visit my website at Harmonicforex.com
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