Gold, 2 potential short setups.

XAUUSD / 1H

Hello traders, welcome back to another market breakdown.

Gold has been trading in a down trend. The price tried to reverse around key level, yet failed to break the major trend line.
In the last last idea I have mentioned that we should look for shorts if gold price fails to break the trend line. Looks like we have got a deviation.

Please note: we might have some sharp moves this week due to pending news date, FOMC meeting today, CPI tomorrow, so you have to respect your stop loss an lower your stake size.

Checkout the chart for 2 potential setups I'm waiting for.

Trade safe,
Trader Leo.

İşlem aktif:

Trigger 2 is one.
The trigger 1 never reached.