timmynorin
Short

XAUUSD - 2618 Short Setup

FX_IDC:XAUUSD   Gold Spot / U.S. 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.
Reply
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out