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XAUUSD GOLD SHORT 3.8RR

Short
OANDA:XAUUSD   Gold Spot / U.S. Dollar
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2
  • Looking for consolidation continuation, heading towards lower end of this range.
  • TP1/TP2 set at key fib levels, TP3 looking for continuation of the descending trendline & break of consolidation.
  • Liquidity above consolidation adds bearish pressure
  • 1800 Psych level above liquidity adds bearish pressure
  • Further liquidity between 1830 & 1810 adds bearish pressure for re-entry if we hit SL

Use good risk management, this is not financial advice.

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