There was a Strong OB from where trade should return to towards down side
As we all can see that gold is dovish since last 2 weeks and waited to mitigate towards the supply zone but took position in a discounted price
As I can see the chart its respecting the demand zone and there is a change of character so I believe It will be a good setup for scalping
In my opinion I am looking for short selling Gold this week
Lots of liquidity generated and it has to be taken out towards the downside
Looks a good break above and rally is not going to stop it will be hawkish. found good zones to enter in trade
Looks like a good area to sell. waiting on a lower time frame of CHOCH
There is a good BREAK OF STRUCTURE (BOS) and price will mitigate till daily order block (OB)
Short term trade and we need to check is market is going to respect supply zone or no but buying for Intraday is confirmed
Since it has been big move towards the downside EURJPY was trending towards the uptrend now I can see there is a (change of character) waiting for conformation to enter in on sell derection
XAUUSD is already trending bullish and it respected demand zone and it will complete its daily target. It will reach towards daily OB
