XAUUSD - Short

Updated
Looking to fade a short after a strong end of year bull run of recent days.
Trade closed: stop reached
Loss at -1%
Note
Stop was too tight, looking left at the market structure. Once price had seemingly hit some resistance around 1515.50 area this then was confirmed by the following candle closes, offering a better short set-up. Not taken due to the initial loss invalidating the set up. However points noted for future trades as confirmation for entry require refining.
Chart PatternsGoldshortTrend AnalysisXAUUSD

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