XAUUSD- Short and then go for Long
We are looking for a short and then a possible long position once price breaks trend-line.
USE FIBONACCI RETRACEMENT FOR ENTRY AND EXITS.
TRADE WITH PROPER RISK AND PUT SL WHEN IN PROFIT.
There is a possibility of upside movement after price reaches 50%, then will drop.
This is a wedge coming to a close soon so price will bounce to a low or a high.
USE FIBONACCI RETRACEMENT FOR ENTRY AND EXITS.
TRADE WITH PROPER RISK AND PUT SL WHEN IN PROFIT.
There is a possibility of upside movement after price reaches 50%, then will drop.
This is a wedge coming to a close soon so price will bounce to a low or a high.
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