I am looking for a short term down move before a reversal
With curve and a top in play, i have opened up a long term short position
Gold could be making a final leg down before a major up move. NFP out later so trade with care
Possible corrective structure down to approx 0.7400, before an up move to complete up move and test long term trend line
This pair has reached a 0.618 PB on the 240 TF, It is also at the 1.618 on the 30 min. I will be placing a short position with a stop above the 240 HL SL - 2.16075 T1 - 2.134 T2 - 2.112