TerryHarmonicTrading

Gold - ABCD pattern completing just above 1200

OANDA:XAUUSD   Gold Spot / U.S. Dollar
Hey traders, especially those who follow gold             .

I am planning to short Gold             this week.

This is on an ABCD pattern completing around 1205.

The entry level also coincides with the top of the channel.

This is about a 1:2 risk to reward trade.

Will monitor for rsi divergence and candlestick weakness before entry.

EP: 1205
SL: 1222 (17)
TP: 1172 (33)
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