xAB777

gold Possible 400+ pips trade setup

Short
EIGHTCAP:XAUUSD   Gold Spot / U.S. Dollar
hello traders .

afte last week candle my stance on gold is BEARISH .

last week the market was ranging due to nfp the price finally broke the range and closed below 2000s.
i think the price will retrace back to the fibb golden zone of the impulse can continue back down.

am gonna wait for confirmation on the yellow area and open a short position very very good risk reward
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