XAUUSD Short Idea (10/17/2018)

17 באוק׳ 2018

With the recent break of the counter trend line on the four hour, and one hour charts, a retest of the line and then an engulfing pattern, I placing a short on Gold with targets of 1205.7. Last Week Gold broke out of a consolidation range formed on the weekly chart and I'm looking for the retest of that structure/zone.