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Sorosnotsorrow

XAUUSD 4H Chart - 5th May Market Close

Short
Gold Spot / U.S. Dollar (OANDA:XAUUSD)  
Sorosnotsorrow  
OANDA:XAUUSD   Gold Spot / U.S. Dollar
Trend Analysis Harmonic Patterns Chart Patterns
2
0
trendanalysis harmonicpatterns chartpattern
For the XAUUSD short trade, please see my analysis prior to NFP here:

XAUUSD 4H Chart -3rd May Awaiting NFP

So gold prices did respect the support now changed resistance level of 2325, gold prices popped back up to 2320 before closing out the week at 2301, with 2280 currently being a support level for gold.

Overall speaking I still stand along my perspective of shorting gold and with my
TP1 at ~2195
TP2 at ~2120
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