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ZARS

Bearish XAUUSD

Short
Gold Spot / U.S. Dollar (FX:XAUUSD)  
ZARS Updated   
FX:XAUUSD   Gold Spot / U.S. Dollar
9
0
Hey everyone. It appears that the 61.8 fib resistance hold and now expect a retrace to our brakeout zone. Which will result a possible bearish three drive pattern.
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snapshot

If we have a strong break below TP1, We go further down for TP2
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Nice drop. Tp1 will be reached soon
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Beautiful drop. Move stops to 1250.0
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We remain short and target 1233.34 with stops @1250
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Trade close. Target reached. Buyers can go long
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Cancel buy setup. Structure broken for the three-drive
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