GOLD (XAUUSD) Preparing to Short. Full Trading Plan: (Trading Plan)
we see a perfect match between a horizontal daily structure and a major falling trend line .
identified daily resistance cluster matches with a resistance line of a rising parallel channel on 4H.
on hourly time frame, the price is forming a head and shoulders pattern.
1915.5 is its neckline.
I want to see 1H candle close below that to initiate short.
in case of a new higher high higher close above the head level on hourly, setup will be invalid.