XAU USD-Short Buy/ low risk, Wave 4 TARGET

Entering Buying Point : 1,209.13 $.
Target: 1,225.67 $ Wave 4.
Indicator Bottom/StopLoss : 1,207.13 $.

R/R Ratio: 7:96


Now the main Target has been reached, I ´ve just set this position a few minutes ago.
The Target is 1,225/1,267.00 zone for Wave 4, to achieve.

Comment:

In the case of a fallback to the indicator bottom zone, as long as this zone will be kept as support, I'll reset the trading at the same margins described above.

Trade active:

As I had said, I reset the op. when the S.Loss zone was hit, because it is still the short bottom.

Margins are:

Entering Buying Point : 1,206.59 $.
Target: 1,225.17 $ Wave 4 (it seems at first). (*)
Indicator Bottom/StopLoss : 1,204.59 $.
R R Ratio: 9:29.

If the Bottom is broken, Wave (C) full potential drops a Target to 1,150 .00 $ zone.

Notice that Wave (C) will be bigger than traders expected 2 weeks ago, when most were bull about Gold, it means possible good news for the US economy and dollar may be realese in the upcoming days.

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(*) Charting will be updated ASAP, but now MARGINS are more important than
tickets.