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Gold Spot / U.S. Dollar
Short
Jul 16, 2015
XAUUSD-Decisive moment-Trading the ZigZag
2
4
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10
10
According to my previous long term analisis:
I assume gold is develong a long term ending diagonal, a 3-3-3-3-3 structure with internal ABC patterns.
The price now is about to break this level o may be we can have some rebound.
So, I will trade the last zigzag putting a sell stop order below the (A) level.
Targets are 1.27 and 1.61 fib projections.
Best regards
FullTimeTrader
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