XAUUSD-SELL SETUP

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Hello Traders,

Hope you are having an amazing Monday.

My overall perspective on gold remains bearish still. Although we had a great 20$ rejection from 1700 Institutional Level, we do believe that there is another leg to the downside where the major liquidity points lie.

I have indicated the general idea and forecast with arrows on the chart.


Hope this analysis serves you well.

Wishing you a profitable week ahead

ETGL Team <3
Note
Beautiful +140 pip drop, partials taken and stops moved to breakeven !
Note
more partials taken
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