XT-Simple_Trading

Took money off the table and wait for market correction

OANDA:XAUUSD   黄金现货/美元
Looking back my post on 26th Jan 2019:
I mentioned about XAUUSD in my post on 26th Jan. 2019 “There might be a retest @ zone 1295-1298”
What we have seen:
The price moved exactly back to 1298 before rallying on to 1326 and closed at 1317.6
Weekly Chart:
A bullish candle with rejection of high price
Daily Chart:
Friday closed with a bearish candle.
Watch out:
1. First resistance might be around zone 1326
2. Second resistance around zone 1357
Action:
1. Took money off the table because of the price action pattern of last Thursday and Friday.
2. Waiting for a price action pattern to confirm an entry @ 1298-1304

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