#XAU/USD #Analysis Description --------------------------------------------------------------- + GOLD price is currently trading inside the triangle and the price has been ranging since May + I'm expecting the price to break downwards as the overall trend on lower timeframe is bearish. + We have good opportunity for a short trade here. --------------------------------------------------------------- VectorAlgo Trade Details ------------------------------ Entry Price: 2311.453 Stop Loss: 2325.813 ------------------------------ Target 1: 2304.801 Target 2: 2300.000 Target 3: 2290.430 ------------------------------ Timeframe: 1H Capital Risk: 1-2% of trading amount --------------------------------------------------------------- Enhance, Trade, Grow --------------------------------------------------------------- Feel free to share your thoughts and insights. Don't forget to like and follow us for more trading ideas and discussions.
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