SergeantPringles
Short

XAUUSD - 1H - Big Triangle

FX:XAUUSD   Gold Spot / U.S. Dollar
184 0 7
Gold             seems to be morphing into a big triangle. i will be looking for longs above is, but so far, im still passiv here. if anything im looking for a short at the upper line currently. we had a ugly cypher that has somewhat been confirmed by the break of the trendline . if we can make new lows now, then i will be looking to sell.
Comment:
Comment: momentum long spike completed the flag. if we can now reverse from there i will be looking to short. if we however go higher from here then i guess the setup is terminated for the moment anyway
Comment: last setup didnt happen
but this might be another chance to get in, if we can break it.
Trade active: pulling my stops already a bit tighter, dont wanna see the market bounce all the way back
Trade closed: target reached: TG1 hit, stops to breakeven.
TG2 is a near retest of the lower triangle line
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