Oro / Dollaro
Short

Gold Analysis: Sell Setup in Supply Zone

374
Initially set up for a buy in gold, I was stopped out, but now I'm eyeing a sell opportunity within the supply area. I'm patiently awaiting the price to hit my sell limit. For risk management, I plan to set my stop loss significantly above the recent high at 2452, aiming for a safer trade. Ideally, the stop loss should be at 2452, but I opted for a smaller stop loss to trade a bigger lot size. This is not ideal when trading, but I did it to test the setup and market direction. I anticipate a potential 1 to 2 risk-reward ratio on this setup. Let's observe how this unfolds in the market



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