motleifaul
Short

Hammer and new low

FX:XAUUSD   Gold Spot / U.S. Dollar
64 0 4
What will prevail? I suggest that the new is decisive because of the end of the bottom building. I wouldn't exclude a little hesitation but the I expect a further decline.
Trade closed: target reached: I am taking a first profit still leaving part of the position short in the market.
Trade active
Trade closed: target reached: I am taking a second profit now but still leaving a part of the position short in the market.
Trade active
Trade closed: target reached: I am closing the position completely now and take all the profit. It doesn't look very promising at moment any longer.
Comment: Such a nice chart and such a nice deal, but 4 likes only. ;-)
I like it. :-))
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