In the 1-hour and 15-minute timeframe, the price of gold for ounce has been identified on a red base, which can provide the necessary conditions for a short trade.
However, please note that in the 4-hour timeframe, the price is in an upward channel, which can increase the trading risk.
Entry point: 1974 Stop loss: 1987.5
First target: 1960 Second target: 1946
Wishing you high profits.
Trade active
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The short position did not touch the specified point, but by seeing the entry trigger, we could have entered the trade, in which case the first target would have been touched and we would have moved towards the second target.
Thank you for the time you have given.
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