timmynorin
Short

XAUUSD - 2618 Short Setup

FX_IDC:XAUUSD   GOLD / US DOLLAR
Double top followed by break to the downside. Selling the retrace with falling trendline as resistance together with previous structure-zone. Looking to take profit above 61.8 retrace of the leg.

Stop loss above highest of the tops.

Since is NFP tomorrow I will definitely be on the lookout.
Trade closed: target reached: This one was a test of the patience, 2 times closing in on TP and reversing. But nevertheless, target was finally reached after the opening. :)
Thanks for sharing your work. 6-10 points on the yellow metal, perhaps stepping over dollars to pick up dimes. Trade well.
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