Short Swing Trade on XAUUSD

Updated
Symbol - XAUUSD

CMP 2147

A retracement is pending in XAUUSD after a huge up move.

Taking short position in XAUUSD at CMP 2147

SL - 2160

Expected Targets - 2125, 2112 & 2090





Disclaimer - Do not consider this as a buy/sell recommendation. I'm sharing my analysis & my trading position. You can track it for educational purposes. Thanks!
Trade active
I think It is going to take SL first & then will fall. Hence moving SL to 2170.
Trade closed: stop reached
2170 SL reached. Trade Closed.
Beyond Technical AnalysisgoldtradingstrategySupply and DemandXAUUSDxauusdshortxauusdshortsetup

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