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reiotapner

XAUUSD price looking for 1250 support.

Short
Gold Spot / U.S. Dollar (OANDA:XAUUSD)  
reiotapner  
OANDA:XAUUSD   Gold Spot / U.S. Dollar
Trend Analysis Chart Patterns
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trendanalysis chartpattern
Daily chart give us spinning top candle what may pull price back to downtrend trendline. I believe fib 0.618 will be met again and downtrend trendline resistance will give us nice Short oppurtunity. I believe that 1250 support will be hit soon.

I would take Short position anywhere near 1295 and will set SL 1303.
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