XAUUSD

Took Gold for a quick short yesterday

Positive confluence:
- Change in sentiment with lower highs/lows
- Break and retest of 1H 50EMA
- Change in MACD to bearish
- Daily high test at key resistance level and 50Fib of overall long term move lower

Stop loss above last swing high 1260
Target daily S2 at 1232
R:R 1:1.33

Looking for this to move higher long term through key resistance