justagirllearningtotrade

XAUUSD POTENTIAL SELL SETUP

Short
OANDA:XAUUSD   Gold Spot / U.S. Dollar
Price has reached the long term resistance and rejected.

Looking for price to go to 1st target.

If it breaks trend line, I expect a continuation down to intermediate support.
Comment:
Comment:
This pair has not yet formed a high point and price continued to rise, breaking past a key level of resistance.

My sell theory is on pause.

When the high point forms and the tend line breaks, I will enter for the sell.
Comment:
In profit.

TP 1 almost hit. Holding for a TP @ 1723.XX.

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