Gold Spot / U.S. DollarEducation
XAU short?
Updated
damn that escalated quickly... anyone catch the MONSTER bull move?
SCENARIO:
DON’T OPEN TRADE YET
wait for a clear break of minor support @1382, with daily engulfing bearish candlestick, WAIT for flag formation and retest of broken support with a continuation of bearish trend…
SL: 1404.88
TP: 1355.6
TARGET: min 1300 pips
ESTIMATED TIME: 3-10 days
SCENARIO:
DON’T OPEN TRADE YET
wait for a clear break of minor support @1382, with daily engulfing bearish candlestick, WAIT for flag formation and retest of broken support with a continuation of bearish trend…
SL: 1404.88
TP: 1355.6
TARGET: min 1300 pips
ESTIMATED TIME: 3-10 days
Trade closed: stop reached
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