Britneyfx

XAUUSD - SHORT BREAKOUT TRADE

Short
OANDA:XAUUSD   Gold Spot / U.S. Dollar
Let's catch this breakout! I would like to see a retracement from the strong institutional candle, gold has also hit a monthly resistance. Overall I see it has been making higher highs, breaking the previous structure, currently price is consolidating, as well as sitting at the 88.6% and 78.6%, I'm looking to catch the move down and I am personally waiting for london session for this move to happen.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.