FX:XAUUSD   Gold Spot / U.S. Dollar

View: 4H

Time: 07.26am

Observation: This pair formed a new lower low having broken through previous support which was tested twice and after and evening start pattern formation. 1D view is also in favour of a short. I will short this pair and target 1240.74 then 1222.31 and SL 1276.52. Risk/Reward is 1.4.

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