Ltscofield

XAUUSD SHORT AT RED ZONE

Short
Ltscofield Updated   
FX:XAUUSD   Gold Spot / U.S. Dollar
9
AB=CD PATTERN FINISHED AT RED ZONE ,JUST SHORT HERE .
Comment:
if you short xauusd at the red zone ,now 10 points in the pocket already.
Comment:
xauusd hit 1353.4 now ,20 points in the pocket already,Short-term,there is a support here.
Comment:
from the chart ,we can see that the price retest the red zone again now ,also the triangle terminal,so now pay attention to the trend line,if breakout ,there will be a down accelaration,on the other hand ,if the price run out of the red zone ,we should analysis the market with reconsideration.
Trade active:
guys who short at the red zone can continue to hold to 1305 around.good luck.
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