There is an opportunity to short the XAU|USD on entry into the 1721.00 zone.
- Short entries may be initiated on touch of 1721.00
- Stop Losses should be wide and above the swing high of corrective 1727.65 (Red Horizontal)
- Target Point A: 1680.00 (Green Horizontal)
All remaining target and intermediary support zones to the downside are marked below entry by consecutive horizontal lines (Yellow)
- Short entries may be initiated on touch of 1721.00
- Stop Losses should be wide and above the swing high of corrective 1727.65 (Red Horizontal)
- Target Point A: 1680.00 (Green Horizontal)
All remaining target and intermediary support zones to the downside are marked below entry by consecutive horizontal lines (Yellow)