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awan0454

Gold XAU/USD Short Setup if Resistance Holds.

Short
Gold Spot / U.S. Dollar (FX:XAUUSD)  
awan0454  
FX:XAUUSD   Gold Spot / U.S. Dollar
Trend Analysis Chart Patterns Wave Analysis Gold XAUUSD xauusdshort resistance_level Support and Resistance structure
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trendanalysis chartpattern waveanalysis gold xauusd xauusdshort resistance_level supportandresistance structure
We have a potentially high risk to reward ration trade setting up Gold climbs up towards the resistance in a hurry. It will give us a parabolic move downwards as Gold does most of the times. Our Stop loss will be right above the Resistance.We have another resistance area ahead of this one I will cover that in my next idea.
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