I have been trading the bullish pullback on gold and believe that 1525.00 was my last stop for the bulls.Have sell orders from few days ago, waited for price to top out at 1525... now that this was spotted as my high I drew my fib from my high at 1525.00 to my low at 1516 got entries in at 1524.25 just above my 88.6 retrace... looking for price to break bellow structure,200 etc. my tp will be my S! and S2 AND S3 , price can go lower but this is where I'm comfortable taking price to until I see if these levels are broken
@Xspot, im already short been short for 2 days now
WOLFPACKTRADINGGROUP
⋅
@fxpp, see eye for break of 1517, can still retrace to 1523-1524 so just don't over leverage and you should be good, keep in mind my tp are few hundred pips so 50-60 Pip drawdown is nothing as this trade is well over 1:2
Xspot
⋅
@fxpp when you expecting the drop gold made no sense lately
WOLFPACKTRADINGGROUP
⋅
@Xspot, week is almost over bro and low volatility, hope next week
WOLFPACKTRADINGGROUP
⋅
@fxpp, im already in though , if it retraces on me im fine going to break even but have big hopes for big down move so holding my trades through next week.