FX_IDC:XAUUSD   Gold Spot / U.S. Dollar
Wait for gold to make a significant (.618-.666) retracement of recent swing , to enter short.

Point of invalidation is above swing high @ 1166

Target is 1117 ( .786 retracement of the next degree higher trend)

Risk/Reward = 2

Related Ideas

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.