Gold Short
This commodity has formed the bearish market structure (according to the 4H timeframe) considering that it ran through the Order Block at 2791, then it has retraced back towards that block (forming a breaker block) and I do anticipate that we might go bearish if the price will not break above the 2804 zone.
Also, as for now, it us at the 1H iFVG which is a good place for a trade entry.
Entry 1 at 2792, Target 1 2760, Target 2 at 2730.
Also, as for now, it us at the 1H iFVG which is a good place for a trade entry.
Entry 1 at 2792, Target 1 2760, Target 2 at 2730.
Trade active
We are live.Trade closed: stop reached
Stopped out
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