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GeorgieMort

XAUUSD Short

Short
Gold Spot / U.S. Dollar (FX_IDC:XAUUSD)  
GeorgieMort Updated   
FX_IDC:XAUUSD   Gold Spot / U.S. Dollar
Trend Analysis
8
4
trendanalysis
Holding XAUUSD Short however being mindful of the psycological support level around 1470.00.

Bearinsh movement with multiple touches on the trend line, rejection of the 71.00 % fib.
Comment:
If this 4HR candle closes below 1470, I will remain bearish and aim for 0.00 fib for first TP.
Trade closed: stop reached:
Trade stopped out at 1481 for a small profit. I'll now be keeping an eye on the next 2 4HR candles as a H&S pattern has formed.
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