xauusd Short
1. Every time the trend was broken there was a dip in Gold (At least previous 3 times from backtesting)
2. We see that the trend is broken and the price retested the trend and it is hovering around a significant price level 1795
3. we need a rejection from this level for the price to test TP1.
Have tight SL if it breaks this significant level and moves forward, i would set my SL at 1800 levels
*Disclaimer: This is not a trade signal. This is just an idea based on the price action this assets behaved in the past.
2. We see that the trend is broken and the price retested the trend and it is hovering around a significant price level 1795
3. we need a rejection from this level for the price to test TP1.
Have tight SL if it breaks this significant level and moves forward, i would set my SL at 1800 levels
*Disclaimer: This is not a trade signal. This is just an idea based on the price action this assets behaved in the past.
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