Gold Short Trade Idea – Break & Retest StrategyGoldOANDA:XAUUSDTRADE_WITH_CHARLIE Market Structure The left section shows a rising channel / wedge that eventually breaks downward. After the breakdown, price makes a strong impulsive drop, confirming bearish intent. Then comes a retracement (pullback) into a previous structure area. This is classic: impulse → pullback → continuation 2. Entry Logic Entry is placed around 4,747.7 This aligns with: Prior support turned resistance A pullback into imbalance / supply zone The drawn mini structure suggests a lower high formation Good confluence for a short 3. Stop Loss Stop at ~4,767.6 Positioned: Above the pullback high Above supply zone Logical placement — protects against structure break 4. Target Target around 4,680.3 This corresponds to: Previous demand / support zone Measured move of the impulse leg Risk–Reward: Risk ≈ 20 pts Reward ≈ 65 pts 1:3 R:R (solid)