taftrader

Perfect Entry to short Gold!

Short
FX_IDC:XAUUSD   Gold Spot / U.S. Dollar
We reached the green zone and we are currently seeing rejection from there. We have been waiting for this test for the past week. The 1st target would be previous low then the weekly Kijun.
See attached analysis.

Entry: 2 positions @ 1474
SL: 1498 ( just above weekly tenkan)
TP1: 1446 ( previous low)
TP2:1416 (Weekly Kijun)

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