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XAUUSD 8hour XABCD TP 1740USD 2nd option(UPDATE)

Short
OANDA:XAUUSD   Gold Spot / U.S. Dollar
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So without further due. Keep it short/simple and to the point.

XAUUSD 8hour XABCD TP 1740USD(NEW)
Tagged as SHORT cause I expect mild weakness
before reversal later (near 1490/1500).

Hey guys, how are you doing today?
Just wanted to point out that this version
of the XABCD setup posted previously is also
valid. So right now just have to wait
for confirmation of the reversal.

this is a speculative setup, so make
sure you use a tight stop loss on this trade.
also please keep in mind that this trade
will take time, i.e. don't expect miracle
overnight gains, this is buy/hold setup.

recommended strategy:
buy dips near 1500 target is 1720//1740.
this is buy and hold setup, do not expect
miracle/overnight gains, also if you plan
to hold, please mind the daily swap.

good luck traders.

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