Sell XAU
Updated
D: Uptrend. Retraced to 61.8, hit -27 and pulled back to retest the daily trendline.
4H: Price was in an uptrend; hit -61.8 and reversed for the sell.
1H: Downtrend; retraced to 38.2 on 1H Fib
CURRENTLY:
Minor Trend: I am looking to see if price will rise and retest minor trendline; making multiple touches at minor resistance; which is also a retest of the 4H trendline... then SELL to -27 on minor FIB
(~300 pips)
4H: Price was in an uptrend; hit -61.8 and reversed for the sell.
1H: Downtrend; retraced to 38.2 on 1H Fib
CURRENTLY:
Minor Trend: I am looking to see if price will rise and retest minor trendline; making multiple touches at minor resistance; which is also a retest of the 4H trendline... then SELL to -27 on minor FIB
(~300 pips)
Trade closed: target reached
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