Gold Spot / U.S. Dollar
Short
Updated

Gold short opportunity with high risk to reward

186
Stop loss and take profit levels on the chart.

Updates will follow on smaller timeframes.

Trade with care.
Trade active
For a safer entry, wait for the price to drop sharp below the 130 period moving average on the 15 minute timeframe, wait for it to pullback to the moving average and enter below the pullback. The stop loss will still have to be above the bigger structure so you will have a later entry with a slightly worse risk to reward, but safer.

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