New Trade Idea XAUUSD/ORO/GOLD

Updated
Primary Trade Setup

My analyzes are far away, but they are low risk businesses and, potentially, higher profits. If gold reaches this area, it would be a 61% retracement. The trends have to end and that's where we look for the price action.

Secondary Trade Setup
If the price decides to fall already, then it would be respecting 31% of fibonacci which is also a good area. We expect a retest before entering.
Note
144 potential pips from the first entry.
Note
potential 300 pips
FibonacciPivot PointsSupport and ResistanceXAUUSDxauusdshort

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