XAUUSD Possible Short

FX:XAUUSD   Gold / U.S. Dollar
347 3 17
XAUUSD             is in the end of Elliott Wave structure (according to my counting at least). I expect ABC correction coming soon. If it breaks structure and we get a correction it will be a great short opportunity.

In addition we have 4 hour regular divergence!

Thank you for your support everyone!
Comment: If it retest the broken trendline, probably i will add to this position, since i already have 1 (check my last XAUUSD idea update)
Comment: I did not added a position, however i moved my first's position SL within profit area to lock profits.
Risk free trade. I think before FED tonight, i will close it. I do not want to risk in high impact news
possible to enter sell possithion know... or need to breakout... Sir...
+1 Reply
NTrading rajenderam40
Thank you for your comment, i will personally wait for a breakout. If it breaks higher it means it has a bit more way to the top and then down, so i will wait for a breakout to the bottom.
+1 Reply
Thankyou very much......
+1 Reply
Ideas Scripts Chart
United States
United Kingdom
Home Stock Screener Forex Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Account and Billing Sign Out