PeNuel2020

GOLD - SELL BELOW @1785

Short
FXOPEN:XAUUSD   Gold Spot / U.S. Dollar
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SELL ENTRY @1785
SL @1793
TP IS OPEN (choose wisely)


Reasons to go short briefly on Gold:
- Intraday setup suggests that @1785/90 area can drive price downside...
- The LTF POI/OB for the buy setup has been achieved. Thanks to FOMC
- There are few imbalances and OB to mitigate downside,...


NB: We're approaching the end of the year and this precious metal can get very volatile. So, manage your risk properly.
Also, the R:R of this setup is good.

DISCLAIMER: Please note that this is not an investment advice for anybody to run or undertake; It is strictly for
educational purposes only and they are my personal views on these assets. If anything goes south, I am not liable at all.
Also, know that Forex is a high risk and reward business. So, do not trade with borrowed money or the one you can
not afford to lose.

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