XAUUSD

This is a great opportunity of Gold Short Position. You can see the gold is in down trend and the price is respecting the 4 hours channel. The price has test the resistance of the channel many time and got rejected and also there is another resistance around 1770, keep watching on price action and if you get setup go for short
Stop loss 1775
Entry 1760
TP1: 1720
TP2 : 1710