XAUUSD SHORT SIGNAL H1 SETUP
On gold, we have a bearish tendency in the long term after a strong rally on Friday. The price seems to have consolidated around 1918, where we have an H1 value gap with a high reaction force for a possible reversal and a trendline that the price has touched for the fifth time. The target for a short trade will be at the level of 1985, with a risk-reward ratio of 1:2. It would be fantastic if you could share your opinion and leave a like to support our work. Greetings from Nicola, CEO of Forex48 Trading Academy.
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