WillTA

XAUUSD - Short - 30 min

Short
FX_IDC:XAUUSD   Gold Spot / U.S. Dollar
XAUUSD is doing a pullback after crossing an ascending support trendline, which is an opportunity to enter a short position.
Momentum seems to be lacking on the upside, and the moving average is acting as a resistance. Profit to risk ratio is attractive.

Sell zone: 1240.0 - 1240.5
Target Price: 1234.0
Stop Loss : 1242.0
Profit/Risk Ratio: 3

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