XAUUSD - GOLD

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I'm in for the first potential retracement move to the downside before I look for entries back to the upside but would prefer the higher entry. We can only trade whats in front of us however, game of educated probabilities....

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If we do get teh 2nd entry at 1585/6 then this will be the move to take it up there

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5 minute accumilation schematics for the potential up move

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Schematic playing out well so far

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Accumiliation schematic was playing out perfectly

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Until it broke right through heading back to the downside

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Our first entry played out for 140 pips before heading back up to the inital entry point.

I would still prefer the higher entry at 1585/6 for this to fall