XAUUSD SHORT
This week we were looking a XAUUSD shorts. Gold has found its way to our -27% projection level yesterday. If you look left you can see that it made its way down to that previous structure level. Remember thats all we want. I trade zone to zone, easy and simple setups. Charts does not have to be messy and surround by indicators.
This morning gold dropped again to our TP3 which was our last and final projection at our -61.8%. From the last previous LH it dropped around 2500 pips I believe, but with three take profits we should have accumulated more than 2500 pips with price finally falling to the last previous structure level.
Thats all for the week. Take the weekend to study and setup charts for next week. Proper preparation keeps profit margins high. Lets start the month off right next week!
This morning gold dropped again to our TP3 which was our last and final projection at our -61.8%. From the last previous LH it dropped around 2500 pips I believe, but with three take profits we should have accumulated more than 2500 pips with price finally falling to the last previous structure level.
Thats all for the week. Take the weekend to study and setup charts for next week. Proper preparation keeps profit margins high. Lets start the month off right next week!
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