XAUUSD Gold Short Trade Idea

W are looking to sell Gold based on price being over extended and testing resistance. Theres also a bearish divergence showing on our momentum indicator. Looking for a pull back to our fibo levels as shown on the chart. Take 70% fairly early at T1, 20% at T2 and 10% at T3. Alternatively close 70% at T1 and trail the rest.

Trade closed: target reached