GOLD Testing Resistance Level of the Bearish Chart

Trade background:
Shorting Gold could be a great hedge just in case the markets continues its rally. Keep in mind that this week is loaded with potential event risks that can bring a lot of volatility into the markets. Especially the trade talks and developments this week.

Trade Details:
Positioning: Short
Time frame: Daily
Length of Trade: 2 days to 1 week

Entry: Between 1510.00 to 1515.00
Stop: 1530.00
Exit: 1465.00