XAU/USD BEARISH NY SESSION MOVE - RR - 1:4
Sell at 1762 with a tight SL as shown on the graph and wait for price to fall back to the two key levels as shown. Since gold is still bearish especially after NFP, institutions have sold and are targeting the 1680 sellside liquidity. At this point I don't expect a move much below 1740 today since we don't have enough liquidity to go that low. In the case this isn't the example then gold may just range today creating a new daily upper wick