FX:XAUUSD   Gold / US-Dollar
Bearish engulfing rejection to weekly resistance.. Awaiting breakout of channel & support for shorts down to potentially monthly key level 1300
Kommentar: a break of 1345, the next area of minor support is 1332.
Kommentar:
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taking a closer look price looks to be trying to breakout of its channel, I would like to see a break of 1343.50 & retest of the zone turning into resistance to enter this pair.. Patiently waiting while price action does its thing
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Kommentar: potential entry on the next candle retest to the 61.8
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Trade ist aktiv
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price retesting broken support to resistance
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lets go.. Simple break & retest of zone now headed to 1325
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potential higher time frame trendline retest
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Got close to getting stopped out, however price reversed back to the downside. 1325 still my first target
I chicken out after being stopped. Had moved my stop loss into profit and was kicked out. Looking for a re-entry

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eazywayout Tunga1983
@Tunga1983, yeah golds not being nice -_-
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As always the analysis is on point!!
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awesome . thanks for the update
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eazywayout fx-lord
@fx-lord, of course!
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