Gold Spot / U.S. Dollar
Short
Updated

XAUUSD (GOLD) SHORT

572
According to SKY NEWS

Gaza truce talks: US puts pressure on Hamas to clinch ceasefire 'deal on table'
A deal has already been "more or less accepted" by Israel and is waiting for approval by Hamas, a US official says. Sunday 3 March 2024 21:24, UK

Fundamentals are aligning with Technicals...time to get ready.

* After 1AW sharp wave downwards, there was a corrective move against the 1AW wave against it and it was named a. This move broke structure and was a confirmation to me as a change in character.
* The “a” wave moved to 61.8 fib retracement before dropping to take out 1985 gap/OB to form wave b. Wave c will be formed once wave b has broken the top to complete the regular flat.
* Looking for a sell from 2100 levels all the way to break 1973 levels
* MACD divergence seen in H1, H4, Daily and Weekly TF

Trade with care
Trade closed: stop reached
Stop loss too tight

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