GlobalMacroGuy
Long

Looking for Gold Reversal ~1118 on EW completion

FX:XAUUSD   Gold Spot / U.S. Dollar
48 0 1
One big reason why I bailed out of my Long yesterday other than the obvious lack of price confirmation and the weakness in the Euro             is that moves that start with sharp movements often end with sharp movements and not dull slow bottoms. EW people will simply see this as a Wave 5.

I am looking for supportive price action around ~1118 which is a great support zone coming up.
Trade active: LONG @ 1118 GCZ15 reached

No TP yet, looking for snapback.
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