Short XAU toward daily retrace level

Updated
XAU Presents a Pending bearish opportunity toward a bearish pullback towards the daily 62% Fib level at 1802.00 level retracement.

Upon validation, we are able to continue looking for a long position that may break the Monthly resistance at 1840.00, setting buy orders at 1802.00 as this may prove to become a strong demand zone for Price to break the Monthly resistance.
Note
Pending Sell Stop
Note
Stopped, re-enter - same parameters
Trade closed: target reached
Demand ZoneFibonaccigoldlongtermlonggoldpressuregoldpullbackgoldshortSupply and DemandSupply ZoneWedgezonestozones

Also on:

Disclaimer