VIP - GOLD - SHORT

Why are we entering?
- We're in a 5-3-5 correction leading towards the 78.6 fib
- Expecting USD news to move GOLD lower
- In the last wave and expecting an ascending correction leading up to the news

What is our confirmation?
- Rejection of fibonacci
- Break of Risk trendline

Entry
- SAFE Entry: No safe entry
- RISK Entry: Break of risk trendline after fibonacci rejection (during the news)

Once entered, where will our Stoploss be?
- above rejection

Where do we take profits?
First TP: 1800 (380pips)
Second TP: 1780 (580pips)
Swing TP: 1680 (1600pips)