Gold Shorts
The setup is a CHoCH standard reversal setup. A clear change of trend ("C") followed by a build up of liquidity close to the fair value gap that was left behind when the price moved to shift structure. The liquidity has now been swept and we look at old supply zones to enter the short position when price goes back into that range. The specific entry point would be 2521. Its slightly above the standard entry point but that is because there is a little liquidity pool above the supply zone hence the entry point being slightly above the initial point
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.