FX_IDC:XAUUSD   Gold Spot / U.S. Dollar
Looking to short around 1230 on a pullback to this area highlighted with the blue box previous support also confulence with 38.% fib
Target in mind is D1 support around the 1220 handle i will be watching price close once it gets to this level if it breaks i will add to my position on the retest looking for targets down at 1200
great R-R
i will be cautious though as there is a few economic events for the U.S out this week also FOMC members speaking and FOMC meeting minutes tomorrow which could effect the trade

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.