melikatrader94

xauusd ---> a target for short position

Short
FOREXCOM:XAUUSD   Gold Spot / U.S. Dollar
hello guys

as you can see the gold made a rectangle before

and then break down the pattern so it is more probable if touched %66 of the height of the pattern, so it is possible if the xauusd touched the $1898.

now the question is from where?
where is our entry?!

in my opinion, the hunt area and the FL area ($1919-$1938) are great for a short entry.

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Trade closed: target reached

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