XAU/USD long Idea - Smart Money

OANDA:XAUUSD   Gold Spot / U.S. Dollar
Had this marked up from the 17th Dec. Missed my entry slightly
Nice pullback and re-test.
Based on 30min Institutional candle from the open.
Fib from the 30 min IC to the previous high (before the new high formed) and the 75% aligned up beautifully with the open of the POI candle at 1855.65.
Imbalance needed to be filled so had to come back down to test.
Targets meeting my fib levels and target 3 lines up with the Imbalance left from 9th Nov drop.
I have just started implementing the smart money trading concepts so hope this plays out successfully.

Good luck traders. Merry Crimbo


Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing Refer a friend House Rules Help Center Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Blog & News Twitter
Profile Profile Settings Account and Billing Referred friends Coins My Support Tickets Help Center Ideas Published Followers Following Private Messages Chat Sign Out