GOLD: Short Now Active, Entry at Pivot

٢١ أكتوبر ٢٠١٦

Hey traders! I am ready to enter this one, and have an entry set at the unhit daily pivot for today. This serves as a nice entry as it coincides with the .5/.618 fib area following the bearish impulse. SL is set above invalidation level as this will invalidate the trade setup. TP is set at the missed weekly pivot, but I have deeper targets. We will judge the market if and when the drop occurs. Cheers