Gold maybe another down signal for today

FX:XAUUSD   Gold Spot / U.S. Dollar
113 5 1
Now that the 96mva crossed the 192mva it is a better signal for n short entry, I entered at just over 1205, I think one can still enter or put an order in if it should go lower at 1201. Also my RSI and MACD is showing downward.
I will be having an order in at 1209 if this should continue upward.
Good Luck
So my idea played out well with good news.
Close call so far but doing ok, we have an option to close here at 1201 or wait and see if it breaks 1200.
I think it is a very risky trade, and a stop and reverse should be at 1209, for 1235 as a first target.
Withaai OmarAljammal
Agreed, that is why you should not risk much.
To add here, this might not be a trade to keep open making a few dollars will be good.
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