XAUUSD (GOLD) SHORT 1 HR BREAK AND RETEST TRADE SETUP

Hi traders:

An excellent opportunity to SHORT XAUUSD (GOLD), as the 1 HR chart broke down 50 EMA,
looking for a retest at main pivot, 0.3382 fibs retracement, and 1237.50 to short

Target 1: 1224.00 (3.38% Profit)
Target 2: 1220.00 (8.13% Profit)

Thank you for your support and feedback.

Trade: #24
Date: 02/21/2017
Time: 00:00 GMT

Trade active:

Here are the other time frames:

Trade closed manually:

RESULT: +1% PROFIT. Exit trade as 1 HR chart formed massive bullish engulfing candle formed, manually exit the trade for 1% profit @1233.00

Date: 02/21/2017
Time: 15:00 GMT