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DemetryB

XAUUSD SHORT IDEA (SMART MONEY CONCEPTS)

Short
Gold Spot / U.S. Dollar (FX:XAUUSD)  
DemetryB Updated   
FX:XAUUSD   Gold Spot / U.S. Dollar
Fibonacci Candlestick Analysis Multiple Time Frame Analysis
3
6
fibonacci candlestick mtfa
Breaking down this trade on gold we are at a longterm bearish discounted price point on the Daily which is why you see the 0.866 and 0.786 areas to the right. I have multiple timeframe charts i will be posting below in the comments to give a better perspective on why I like the downside movement
Trade closed: stop reached:
Hey guys we are still in a bearish environment from the daily structure we did however react from the area of interest but didnt get the continuation of price lower
Comment:
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