XAUUSD Short Soon

Waiting for bearish confirmation candle before putting a short stop order few pips below the recent low at S1 pivot level. Target entry near S1-S2 fibo lines (pink) with TP at previous S3 fibo line (blue) near S2 pivot level, and TP near S1 pivot level. Might widen or tighten SL depending on next week's volatility before entering short. This is also in line with bearish movement bias on higher timeframe charts and strong sentiment about USD regarding higher probability of Fed rate hike this month.

www.marketpulse.com/...ps-to-10-month-lows/

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Ordre annulé