drin

XAUUSD - EXPECTING 1200 AND LOWER

Short
drin Updated   
FX:XAUUSD   Gold Spot / U.S. Dollar
After bouncing from a major weekly trendline with bearish divergence,we're only looking to go short on this market.If you missed the first opportunity which was the breakout of that previous correction, another place to enter the sell would be in the breakout of this next corrective structure.This may be a deeper correction so don't rush and be careful. After breakout price may stall a bit before going lower but if it does, it may hit 1200's and lower.Trade your plan,plan your trade.
Look in the comment section where weekly and daily chart is shown.
Trade active:
Trade has triggered, if you didnt get in the first chance wait for it to consolidate before selling
Comment:
+400 PIPS IN PROFIT
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.