I will be looking to short XAUUSD from around the 23.6 Fibonacci Level at around the price 1335.00 - 1336.00 level at London open if price action permits, targeting the 38.2 Fibonacci level at around the price 1316.00 - 1317.00. I will however, trail this position from 1330.00 figure and below as things may just get choppy going lower or in those 1320.00 - 1329.00 range. If you take this trade, please execute your order with a stop loss at around the 1338.00 - 1339.00 price bracket. Good Luck, have a productive trading day
Note
Changed perimeters, short from the 1340.00 level in a few minutesNote
All Stops were executed, trade failedDisclaimer
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.