XAU/USD_Short_1H
Updated
According to the high timeframe biases, the trend is descending. Also, we are below a 4H resistance, and the price is making a spike to the high.
So, I took a short position
I believe the first target is 1770 and then 1760 would be the last target.
R/R = 1: 4.47
So, I took a short position
I believe the first target is 1770 and then 1760 would be the last target.
R/R = 1: 4.47
Note
I partially close some of my volume on 1774 and move my Sl on the entering point, so I pushed out now.
Disclaimer
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.