Malika_Analysis
Short

GOLD LOOKING GOOF FOR A POTENTIAL BEARISH MOVE

FX:XAUUSD   Gold Spot / U.S. Dollar
Price has currently retraced to the 50% fib retracement level and Bearish divergence is evident. Price is currently looking good for a potential push lower to the price level i have marked with the green horizontal line.

Entry - Grey line
Stop loss - Red line
Green line - Take profit
Risk exposure - 1%
Trade closed: stop reached
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