blackstoneFX
Short

XAU/USD : GOLD : ANALYSIS

FX:XAUUSD   Gold / U.S. Dollar
81 1 0
Overall market structure is bearish . I expect price to RAID the STOPS nesting above those highs, into the 79% of the Fibonacci retracement which is Optimal Trade Entry for ME. Confluence of Support and Resistance level at 1220.00. Nice institutional # to trade off, 1220.00
Took 3/4 position off at +60 pips and the rest at +130 ( 61% Fibo).
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