Gordon_Chow

Gold / 4H / Gartley

Short
Gordon_Chow Updated   
OANDA:XAUUSD   Gold Spot / U.S. Dollar
2018-5-06

1. Gold has just broken recent Structure
2. We are looking to Short this market, either:
3. When Price retest the recent Structure Resistance
(A Gartley completion is right inside the Structure Resistance Zone (Blue))
4. If Price continues to break to the downside
Comment:
Comment:
1, Price broke the trend line towards the downside
2. We waited for a retest of the trend line for our entry
3. which is also the 0.618 Fib Level

TP1 at previous low
TP2 at previous structure low
Trade closed: target reached:

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