tst
Short

rate of decline

FX:XAUUSD   Gold Spot / U.S. Dollar
132 2 1
observing the current down channel noticed that a re occurring roll over pattern seems to be setting up again. The trade idea is based with a target on the continued rate of this decline. Old support now seems to be resistance. Also the projection means there is a good chance of target before the weekend which is ideal as I don't plan on holding position over the weekend.
sorry meant to say DIDN'T get the trade.
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interesting still as pattern and its range played out , but I did get the trade.
snapshot
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