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11021992
Mar 23, 2016 1:30 PM

XAUUSD short entry at retest of structure Short

Gold/U.S. DollarFXCM

Description

Hi all,

On this chart we can see that XAUUSD has broken the previous structure low at the 1225 area. What we can expect now is a retracement to this area, which would make a nice short entry.

Entry: 1225
Stop: 1240.13
Target 1: 1201.89
Target 2: 1167

Trade active

Trade closed: stop reached

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