Gold Spot / U.S. Dollar
Short

GOLD SHORT SETUP ?

138
XAUUSD

From the 1000R char, I am thinking about taking a short trade

with a stop loss of $1808.25 above the high on 8/10

and a target just above the volume profile POC at

$ 1788. Given an entry price of $1802

risk of $ 6 for a reward of $ 14 ( 2X).


Please comment offering me your opinion. Thanks!

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.