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CortesTeam

XAU/USD: Closing into a major support !

Long
Gold Spot / U.S. Dollar (FX:XAUUSD)  
CortesTeam Updated   
FX:XAUUSD   Gold Spot / U.S. Dollar
Fibonacci Retracement fibo structure structure-trade support Support and Resistance priceaction price-action projection profits cortesteam Harmonic Patterns
3
2
fibonacciretracement fibo structure structure-trade support supportandresistance priceaction price-action projection profits cortesteam harmonicpatterns
After a dive of the past two weeks finally we are approaching an important level of structure
this support is in confluence with a minor fibonacci (0.50%)

In the higher time frames this could be seen as a Trend Continuation Trade, but for us, we just want to chunk some pips out of this leviathan that is why 61.8% is target 2

Remember guys: Eyes on your mind, not on your trade

Thanks

CortesTeam
Comment:
The power of simple structure analysis ! over 2000 pips movement
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