timmynorin

XAUUSD 4H - Get ready to short with 2618

FX_IDC:XAUUSD   Gold Spot / U.S. Dollar
As USD trembles, XAU makes its path upwards. I will enter above 0.618 fibo (see chart). Entering late will give me a better risk to reward ratio, sure, it does also decrease my chance of getting involved - but I will live with that.

Trend + structure were broken on the downside, which adds to the case with this 2618 trade.

Order is set, lets hope we get filled!
Trade active
Trade closed: stop reached: Nope!