Technicals: H4 bearish gartley H4 head and shoulders pattern Possible downside breakout to uptrend This trade offers a decent 1:6 RR
Pointers against this trade - XAUEUR is on a D1 uptrend, bulls may push prices higher - A global risk off may lead to buying of gold which may drive XAUEUR prices up - With these 2 factors in mind, this is not the most perfect set-up - I would advise halving your risk if your are entering this trade