4330 in h1GoldOANDA:XAUUSDsoheil_derisAt 3:00 AM Tehran time (7:30 PM New York time on the previous session), gold is trading around $4,228. I’m currently considering a short position with an entry around $4,419, a stop-loss above $4,497, and a target near $4,330. This gives approximately $90 of downside potential from the entry toward the target zone. There is also a possibility that price reaches my target area, but the position could still get stopped out depending on the price action and volatility. Since today is Labor Day in the U.S. and the major U.S. equity markets are closed, liquidity and market conditions may be different from a normal trading day. Personally, I believe this short setup has a reasonable chance of playing out. What’s your view on this setup?