Socratesinc

XAUUSD - Sell (15 min) missed trade

Short
OANDA:XAUUSD   Gold Spot / U.S. Dollar
Price consolidated then broke to the down side. EMA lines on 15 min eventually crossed. Simply ran our fibs and waited patiently.
We find confluence in that the yellow line is an institutional line and also a S/R area on the 4 hour.
Price was also approaching a 62% short on the 4 hour.
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