Here we can see that gold was in a range for two days after that big drop in monday. So now we can have a nice setup here where we can go short in gold with 50pips sl and 230pips tp, where we can provide a nice 1:5 Risk/reward ration. Let's how price will react.
Entry 1874.50 Stop loss 1879.45 Take Profit 1850.50
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