Analysis for XAUUSD is showing that the overall general direction from a daily and H4 timeframe perspective is showing a downtrend and it is favorable for us to take a Sell/Short position positive PnL exposure. Below are all inputs for the signals entry, stop loss, and take profits. Please do enter with proper risk management.
XAUUSD
Sell/Short
Entry: 1934.61
Stop Loss: 1962.66
Targets:
TP 1: 1903.85
TP 2: 1848.66
TP 3: 1794.37
DAY TRADE/SWING TRADE
Risk: 2-5% of Capital
XAUUSD
Sell/Short
Entry: 1934.61
Stop Loss: 1962.66
Targets:
TP 1: 1903.85
TP 2: 1848.66
TP 3: 1794.37
DAY TRADE/SWING TRADE
Risk: 2-5% of Capital