TARGET ACHIEVED XAUUSDGoldOANDA:XAUUSDromailfxas expected the target was achieved with over 1100 pips profit and a 100 pips SL giving us a 11R return. reason for the sell... this week price had moved bearish from Mondays price action. with the overall market structure also bearish. identified by the daily time frame. on the hourly we simply waited for price to pull back into a area of discount and took our entry. targets were within reach and very reasonable. 1. bearish market 2. liquidity resting at 4100 3.the fibonacci extensions projected price could reach there also. and it was as beautiful as it could get. price delivered with no drawdown. NEXT.. Since price has reached the expansion zones there is a potential for a reaction from this area especially with 4000 flat. resting in this zone and previously the market has reacted from this area with a huge run up in price. if price fails to sustain a pull back from this area it is possible that we see price push below 3900 as there is a bigger fibonacci expansion also in play. follow along to get a regular update on the market outlook.