WengJeff

XAUUSD potential pull back to 1250.0

Short
WengJeff Updated   
FX:XAUUSD   Gold Spot / U.S. Dollar
3
Gold may having a potential pull back from my key level 1200.0,we can see daily chart the price had been decline for almost 1000pips, the price may need to pull back, not sure where the price will pull back to but it may pull back to 1250.0.

Another scenario is the price may break 1200.0 key level, then we will need to wait for a retest, find opportunity to short at that level. We will need to see how the price play.
Trade active:

Entered the trade and take profit for 100pips, too fast that I can't even update. Anyway have a nice days guys.
Comment:
Anyway price break 1200 key level, We can wait for the price to retest then short again. Be patience on this one guys.

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