Gold Spot / U.S. Dollar
Short
Updated

XAU-USD

Weekly Structure - Uptrend

Daily Structure - Uptrend

Gold has quickly recovered from the fall of last friday going up begginning of the week to 1.649,50. If we go to 15 minutes timeframe we can see that price is being rejected on this level (1.649,50). At this stage is the third time price is being rejected creating a triple Top. We can see price move lower back to 1.612,00 before goes up again.

TP1 - 1.632,00
TP2 - 1.626,00
TP3 - 1.612,00
SL - 1.654,68

Good Luck
Note
Trade Closed. Stop Loss Hitted
Note
Loss 8 Pips

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