Lionheart-EWA

XAUUSD - 1200 Units Bearish - NFP Trading

Short
Lionheart-EWA Updated   
FX_IDC:XAUUSD   Gold Spot / U.S. Dollar
I believe that XAUUSD could be poised for a reversal, thus possibly reverting back to the former vibration area, the triangle’s bottoms.
There is a potential ending diagonal with a pinch of bearish divergence that might just deliver that.

• Ending diagonal pattern
• Bearish divergence
• Fibonacci extensions
• Large degree top
• Next expected swing on XAUUSD: 1200 units, bearish

My NFP Trading in August 2020:

• Looking to short at the tops
• Market price buy, tight stop, for back-up
• In case of breach, I have a sell-stop

*not investment advice, only market commentary.
Trade active:
Trade closed: target reached:
Target Reached!
The sell-stop was good.
100 units caught on camera.

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