848evo
Short

XAUUSD Short Trade 11-1-16

FX:XAUUSD   Gold / U.S. Dollar
71 1 2
PA has shot up and I'm waiting for it to hit and do a confirmed bounce off the 1289 area before I enter short targeting 1260. We see a confluence of resistance at 1289 based on re-test of D1 broken TL, resistance cluster, and 61.8 fib based on EW waves.
Unfortunately it looks like the US has taken a complete crap with all the scandals going on, a close above 1292 was my bull signal, waiting for a pullback before going long.
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