glennmercer

GOLD: Short Now Active, Entry at Pivot

Short
FX:XAUUSD   Gold Spot / U.S. Dollar
Hey traders! I am ready to enter this one, and have an entry set at the unhit daily pivot for today. This serves as a nice entry as it coincides with the .5/.618 fib area following the bearish impulse. SL is set above invalidation level as this will invalidate the trade setup. TP is set at the missed weekly pivot, but I have deeper targets. We will judge the market if and when the drop occurs. Cheers

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