XAUUSD - SHORT FROM SUPPLY ZONE
Updated
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XAUUSD is at a daily supply zone, looking to short only if there is evidence of price wanting to fall through volume and break of H1 demand zones.
If new H1 demand zones are created I wait for the break of the most recent one.
If price continues out of D1 supply zone, will look to short at the next supply zone.
COMMENT what you guys think!
THIS IS ONLY MY OPINION AND SHOULD NOT BE TAKEN AS INVESTMENT ADVICE
XAUUSD is at a daily supply zone, looking to short only if there is evidence of price wanting to fall through volume and break of H1 demand zones.
If new H1 demand zones are created I wait for the break of the most recent one.
If price continues out of D1 supply zone, will look to short at the next supply zone.
COMMENT what you guys think!
THIS IS ONLY MY OPINION AND SHOULD NOT BE TAKEN AS INVESTMENT ADVICE
Note
Went ahead and adjusted demand zone on H1.
Also a break of H1 trendline wit close below demand zone
would give further confirmation for me
to open a position
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