LarryA4

XAUUSD Short Opportunity at 1210

Short
LarryA4 Updated   
OANDA:XAUUSD   Gold Spot / U.S. Dollar
Looking at XAUUSD 4h chart, Fib retrace levels 0.236 & 0.382 hit in past weeks. Another great opportunity to short, using 1220 as stop loss. Great Risk & Reward!

1st Target: 1172 (4x win/loss)
2nd Target: 1161 (5x win/loss)
Comment:
Stop loss triggered at 1220. Trade idea invalidated
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.