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jackcolafx
Apr 24, 2019 7:38 PM

XAUUSD pushing lower Short

Description

Our GOLD trade from a few days ago hit the TP to the pip and bounced back up. Now we are seeing it retesting the 1280.00 again, but my bias is still bearish. Judging the daily chart, I do not see it pushing and staying beyond 1280.00 level. So for now, I am waiting the retest of 1280.00 level and maybe eaven spike trough it and quickly returning back down which would give us a nice risk/reward. My TP1 remains the same, which is 1266.50, our previous low . For TP2 I am choosing 1255.50 becouse of the daily support from the history and a 50% fib. level of retracement.
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