Crypto_Joe1

XAU/USD Short

Short
Crypto_Joe1 Updated   
OANDA:XAUUSD   Gold Spot / U.S. Dollar
Position opened 1238.15

Triple top formation, two clear bands, three clear heads.

Bearish divergence on the MACD (and RSI)

S&P rejection of 2650 range, potential for a bit more upside.

Target 1 - 1228

Target 2 - 1221

Target 3 - 1211

SL - 2141

RR = 3:1+
Comment:
Quite a big spikey stop run there. A good opportunity to re-enter if you have quick hands! Either way, targets still stand and if we come back into the 1238 region I will re-enter.
Comment:
1221 Target Smashed
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