yin888

XAUUSD more downside to come?

Short
yin888 Updated   
FX:XAUUSD   Gold Spot / U.S. Dollar
Price rejected resistance area. Shorted @ 1325. So far so good.
Didn't have the chance to share this set-up earlier as I do not have access to my laptop
Trade active
Comment:
My TP level is at 1314. Might see a potential bounce from there.
H4 view:
Trade closed: target reached
Comment:
Price is now in the mentioned area. Possibility that it might reverse and head upwards towards upper trendline.
Comment:
Testing mentioned zone for the 2nd time. Break or bounce? Let's wait and see what price does before hopping in.
Comment:
Perfect bounce back up in highlighted area

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