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Sascha_Gogolin

GOLD - New structure low and short term bearish

Short
Gold Spot / U.S. Dollar (FX:XAUUSD)  
Sascha_Gogolin Updated   
FX:XAUUSD   Gold Spot / U.S. Dollar
price-action Support and Resistance correctivestructure correction short selling short-term Bearish Patterns nakedtrading
9
0
price-action supportandresistance correctivestructure correction short selling short-term bearish nakedtrading
Looking to profit from this strong counter trend move which is followed by a corrective move, indicating the sellers are still very present.

Looking to enter at current price with multiple take profit levels.

1st: ~1251
2nd: ~1248
3rd: ~1244
Trade closed: target reached:
1st target hit. Remaining position stopped out at break even.
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