We are in a good place in terms of risk / reward ratio in precious metal : Gold.
Average forecast value of investment banks' anaylsts in 2019: 1314 .
We've been a long way from these values for a while.
I am of the opinion that the short position under the influence of such a risk / reward ratio should be tested together with the following parameters :
Risk/Reward Ratio : 1/3
Position Size : %1
Stop-Loss : 1483
Goal : 1400