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Prome
Nov 11, 2016 1:22 PM

XAUUSD Short setup Short

Gold/U.S. DollarFXCM

Description

Hello guys,
price has just breakout from a retracement of 0.786% fib. The CTL was also retested in 4h, this is a good sign for a new short. The short pressure is still intact.
Price was also rejected from a monthly trend line during the election of the US president.

My target is the D extensions in conjunction with monthly low.

Trade with care whit this high volatility.

Comment

Target almost reached in few hours lol!
Stop loss moved to breakeven.


Trade closed: target reached

Target reached, happy trading!
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