taftrader

Still Bearish Yellow!!

Short
FX:XAUUSD   Gold Spot / U.S. Dollar
I remain bearish gold from my previous ideas and now looking for a break of the low to be taking in with a sell stop at 1833.09 and target the 1760 zone. Price nicely broke out of that triangle and came back to test it with rejection,. The ideal sell signal would have been that first strong rejection candle but better late than never:) The R multiple is 2.48.

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