XAUUSD SHORT
Updated
Clear break and retest of a previous significant level. There has also been confluence with the Fibonacci golden zone. Price should reach TP 1 which is the -27.00 extension quite easily because it formally wicked there before. That means that price has now wick to fill . Once the 0.00 extension is hit, I will set trades . both position to breakeven to protect against a losing trade from any sudden major movements. After TP1 is hit, I will let the last position run to the -61.8 extension for TP2.
Trade closed: target reached
Beautiful trade. Gold fellexactly to where I intended. The second position was stopped out at breakeven though, but overall a successful trade
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