Trader_Troy

Gold potential short setup and break of ascending 2hr channel

Short
FX_IDC:XAUUSD   Gold Spot / U.S. Dollar
Gold has pulled back to the .382 fib and key daily resistance (USD 1206.95/oz) where price is currently stalling. I will watch for bearish price action around this level and enter a position on a break down of the 2hr ascending channel .