parisseine

Gold W formation a breakout of yesterday High or a new low

Short
parisseine Updated   
OANDA:XAUUSD   Gold Spot / U.S. Dollar
XAUUSD
On the back of the US employment data, yesterday Gold manages to reach again 1955 without being able to cross over previous day high. Today a breakout of that level can enable an extension to the 196x level but as for now, a new low is still on the card. Here are the high low sequences:
Trade closed manually:
Exit manually on the 1929 area, make a new Short entry 1935 but atm there is ascending support and US session is no needed to go further
Trade closed: target reached:
The new Short entry 1935 reached the target, finally sequence complete ;)
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