Building Balanced XLR Cables


I am building XLR cables using 3 conductor + shield wire. Typically I would solder the shield to ground, 1 wire to hot, and 1 wire to cold. Should I connect the 3rd wire to the ground (shield), use the 3rd wire as the ground (not use the shield at all), or not use the 3rd wire at all? Thanks in advance.  
drumfishie

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