Even though that we can see on the smaller timeframes that XAUUSD made a retracement upwards, respecting a , it could also possibly be peaking above 61,8% Fib-level right now.
Meanwhile we can also see a pattern being formed ( ).
Together with the strong resistance at $1900 we can adjust a tight SL on this one and hope to see a nice 30pip fall down to $1860.
Entering at: 1988
ESTIMATED R:R : 1:9