Currently analyzing the XAUUSD markets and has shown clear sign of forming an M on the daily. Next leg seems to be bearish and best bets are for gold to take a dive now. Below are the inputs of the trade.
XAUUSD
Sell/Short
ENTRY: 2004.680
TAKE PROFITS:
TP 1: 1895.762
TP 2: 1843.154
SL: 2027.405
2-5% risk capital.