I don't know just an idea.
A setup for short.
A strong resistance was hit last few days and it was rejected. Yesterday the minor support was hit and tested. A sell stop would be a nice setup for this situation.
Support and Resistance. Just an idea, you decide.
What do you think?
This setup would be good if it will continue.
A sell stop would be great. OANDA:XAUUSD
Sell the retracement.
Sell the rejection.
Rejection from the resistance.