KVE
Short

XAU/USD: Short, then long...?

FX:XAUUSD   Gold/U.S. Dollar
241 2 8
Gold             in short-term downtrend, looking to short on breakout of current correction...

Ideal short entry at first resistance or any of the common retracement levels, possible short zone depicted on chart, SL above 0.618 retracement ..., target completion of Gartley and/or AB=CD pattern. If I don't get the ideal entry, the regular breakout trade will still be there...

Afterwards long from Gartley / AB=CD completion and/or trendline bounce... (we'll have to see what has highest probability when we get closer...).

Comment: No short entry, long from 1245
Comment: TP1 getting close..., SL at BE now to continue risk-free!
I like your thoughts, thanks for sharing them! Wish I could give some feedback but very new so until I learn more just enjoying the perspective from you guys :) best of luck!
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KVE SharkbaitAl
Thanks, you have come to the right place to learn, great community, so welcome!!
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