GOLD: BEARISH POSITIONS BELLOW 1,716

Updated
GOLDHello folks!!!,

This is my analysis brought to you after deeply analyzing the GOLD price (XAU/USD) from a technical, trend and fundamental perspective:

*Pivot Point : 1,716,00

*Stop Loss : 1,725.00

Take profit : 1,600.00

Entry Price : 1,694.44

Risk/Reward Ratio : 1 : 3.0

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Trade active
This trade already reached over 80% of the final target. It's up to you either if you close it at this very moment or let the trade open and make a partial close.
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