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clappen
Aug 24, 2016 2:27 PM

gold short Short

Gold/U.S. DollarFXCM

Description

the big move since early june seems to have topped of with a truncated 5th, we are now looking for it to pullback a bit and possibly find a "C". We have been consolidating between to minor support/resistances (1357-1330) and just now we broke down and first support should come pretty fast, located @price 1312-1315.

I am going to look for reversal bars around this area and bring home most of my position here.

(zoom in the graph to see better details, it is pretty zoomed out so you can see the bigger picture)
Comments
clappen
I just noticed the A/B/C is painted wrong but it's a minor importance
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