FX:XAUUSD   Gold Spot / U.S. Dollar
Looking for an entry on lower time frame to take gold short. Price recently broke an uptrend and has now rallied back up to retest as well as the 0.618 retracement .

Targets down @ 1220.21, extended down @ 1206.54

Stops above 1270 @1272.93

Risk Reward for this trade is 2.72:1

Risk Reward fro second trade is 3.87:1
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