XAUUSD tested strong upside support at 1800 and has bounced higher since for the upside continuation higher and a test of the 1880-1900 zone.
Only a confirmed break below 1880 again will lead to an invalidation of the upside continuation and a test of 1900 resistance followed by 1920.
Any short-term confirmed break below 1880 would lead to a bearish swing lower to 1800 again, for which we give a little more weight than to an upside break above 1900.
Short-term this could be a perfect low-risk short trade for a final swing lower.
You can take the short trade here with the stop loss just above 1920 as we see a higher probability of a swing reversal lower. By placing this trade your RR ratio is 2.86. In the case, you are stopped you can reverse your trade to a long trade, especially in the case of a confirmed break above 1920.
