TheSoupTrading

First time using Fibonacci Retracement.

Short
FOREXCOM:XAUUSD   Gold Spot / U.S. Dollar
From my indicators it appears to me that the trend line and Fibonacci percentages show we will be continuing the downtrend. I entered will a sell and would like some feedback on this.
Comment: Update! The Trend is respecting the percentages and downward movement! I have adjusted my stop loss above the 50% mark @ 1831.10

Comments

Lovely chart, any more analysis coming?
+1 Reply
@Investroy, thank you for that. Of course.
Reply
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