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Profound_Ambition
May 1, 2018 9:29 PM

Xauusd Daily (Trading the bigger picture patterns) Short

Gold/U.S. DollarFXCM

Description

Finally price breaks out of its consolidation range, & now we are likely to see some good movement on this pair. Watching for a retest to the broken range for entry. 1300 is an important area I will be keeping an eye on, & price should see a solid downtrend for a good portion of this year!

Comment

Pin bar rejection to the 1310 area, where price failed to close above.

Comment

Bye gold, price broke the range & retested 1325 as in the picture above. 1270 we are on the way
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