FUNTRADER-Vera

0303 1/8 XAUUSD what should we do after all targets hit

Short
FX:XAUUSD   Gold Spot / U.S. Dollar
We just got our short trade on GOLD hit all targets with $27.
What should we do after that?
On weekly chart, gold just send a bear top signal to us.
This red top is not possible to be passed through in recent weeks.
Region of 1240-1268 is for seller's next target zone.

A broken trendline on daily chart for gold now is a strong sell signal to us.
We will try to find out a new short trade on gold next week to join a trade targeting 1268 or lower position.

LESS IS MORE!

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