UnknownUnicorn10187731

XAUUSD. Short setup

Short
FOREXCOM:XAUUSD   Gold Spot / U.S. Dollar
Looking to sell at 1831.45
Trading with the wedge conformation the selloff is close to an exhausting count on the intraday chart.
50% fibonacci level 1830.47 from 1876.07 to 1784.86.
Resistance located at 1831.45 resistance could prove difficult to break down expect a reversal in this move preferred trade is to sell into rallies.
Support: 1804.46
Resistance: 1831.45
Comment:
Sl 1844.76
Comment:
Be ready for sell
Trade active
Comment:
Comment:
Be careful sell only when price below 1831.45
So you can save margin . And place posation when price pullback to 1831.45
Trade closed: stop reached:
1841.18 triggered our short trade.
Still chance for sell chick my new gold idea.
Trade closed: target reached
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