marlenri

GOLDUSD inverted Cup and Handle Short opportunity

Short
marlenri Updated   
OANDA:XAUUSD   Gold Spot / U.S. Dollar
Gold is forming an Inverted cup and handle onthe 1hr timeframe
Has reached RSI levels at $1845
Expect to see a dip soon
Can take profits based on price action

Entry: $1825
TP 1 :1809
TP 1: 1780

SL: $1830



Trade active
Comment:
Waiting for retracement to 1825
Comment:
Can short at 1840
Order cancelled:
We had unexpected breakout of the inverted handle at 1842 so this trade is cancelled
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