Short-Term Downtrend Signals Selling Opportunity with Additional

Overview:
Gold's continued position below MA200 H1 suggests a short-term downtrend, creating a potential selling opportunity.

Setup:
Look for confirmation signals in Overbought (OB) and Failure to Violate Gravity (FVG) zones for entry. Apply a stick stop-loss above $2047/oz initially, adjusting it to above $2032 if OB zone confirmation suggests non-liquidity.

Additional Sell Area:
Consider a sell position in the range of 2023-2032, integrating this zone as an additional opportunity to capitalize on the downtrend.

Risk Management:
Implement strategic risk management with a stick stop-loss to control potential losses. Adjustments based on OB zone confirmation contribute to a well-managed trade.

Conclusion:
Explore a sell position in Gold, focusing on confirmation in OB and FVG zones, along with the identified sell area of 2023-2032. Effective risk management ensures a balanced approach to trading.