Looking to capitalize on potential downside movement in XAUUSD. The setup indicates a favorable opportunity for shorting, with clear signals suggesting a possible decline in value. The trade plan includes predefined Entry, Take Profit, and Stop Loss levels, ensuring a well-structured approach to managing risk and reward. Monitoring key levels will be crucial as the market develops. As always, stay disciplined and stick to the plan.
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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.