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CortesTeam
Jul 26, 2016 4:19 PM

XAU/USD: Closing into a major support ! Long

Gold/U.S. DollarFXCM

Description

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
Comments
fxfxfx
Order setup BUY @1313 with TP @1335. Thanks for sharing!
CortesTeam
Great! we hope you are already winning!
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