XAU/USD Bearish Scenario 100 Pip Drop
Updated
Hello,
I am looking for confirmation to enter this trade due to the confluence embellished in technical analysis above. Upon receiving that confirmation, I will then look for a better entry on a lower time frame; thus allowing me to minimize risk. Please execute with your own due diligence. The financial markets are risky, I am not responsible for any capital loss.
Thanks,
Trade Wisely
I am looking for confirmation to enter this trade due to the confluence embellished in technical analysis above. Upon receiving that confirmation, I will then look for a better entry on a lower time frame; thus allowing me to minimize risk. Please execute with your own due diligence. The financial markets are risky, I am not responsible for any capital loss.
Thanks,
Trade Wisely
Note
Consolidation of price is respected, should we break any higher, stop loss is adjusted to right above the 38.2% fibonacci level.1281.17 is the invalidation point of the trade.Trade closed: target reached
50+ pips
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