XAU/USD approaching resistance, potential drop!

Trading Recommendation

Entry: 1710.14

Reason for Entry: Horizontal swing high resistance, 78.6% fibonacci retracement and descending trend line

Take Profit : 1688.25

Reason for Take Profit: Horizontal pullback support, 61.8% fibonacci retracement

Stop Loss: 1719.91

Reason for Stop loss:t 61.8% fibonacci extension, horizontal swing high resistance