FX:XAUUSD   Gold Spot / U.S. Dollar
266 5 2
Short but first retrace... 1215 is in your pocket, then 1227 and 1180 will be seen...

( 1255-1215-1227-1180-1200-1147-1120)
:) Everything is fine, except 1240 !!!!!!!!! Confirmation of short will be approved by breaking 1240... Daily close below 1242 is also confirm. Not to be much more complicated, time will show what will happen. But i trust my chart. Action... See you @ 1215...
@Taner YilmazYep! We are tracking the same!
1240 is pretty important! But I see a quick fake break could be possible even though we have a clear zig-zag (abc) formed form 1279'ish to 1237'ish.
But many counts still possible.... time will sho w! :)
@BM. Nice to be supported by successful trader..
I have seen the same fake in daily charts when it touched to 1278 even it has to stop @ 1268. Then life cames back so as you said time will show but to gain and win i took the risk to go long @ 1238 then short @ 1255 with an expectation to 1215 in my pocket. Just 1240 !!! Daily close will be whisper... In addition, 5M says it finish @ 1236 as soon. Then below 1240 or 1242? Both say different targets...
@Taner Yilmaz Thank you very much for your kind words.
But I see from your description of your trading... you too are doing it pretty good yourself. :)
Safe trading buddy! ;)
And action... now follow red arrow...
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