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XAUUSD (Gold) Bearish Butterfly (Stay Tuned)
Gold Spot / U.S. Dollar
Short
XAUUSD (Gold) Bearish Butterfly (Stay Tuned)
By leeweechong
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Updated
Mar 27, 2017
8
Mar 26, 2017
No action recommended until pattern is complete and price action confirms downtrend.
Mar 26, 2017
Note
If price breaks 1252 resistance, you can buy XAU until it enters the supply zone.
Mar 27, 2017
Note
XAU at 1254 this morning. If you're not already in long, don't buy now. Wait for the retracem to 0.382.
Apr 21, 2017
Trade active
Gold short active. Gold at the top of channel and was rejected
May 5, 2017
Trade closed manually
Trade closed for French election at 1224. 370 pips.
XAUUSD
leeweechong
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