Short Gold
As we have closed below 1800 on the 15 minute chart with no signs of rejection I am looking for sells only, I have placed a sell limit at 1800 with stop loss based off 1 minute timeframe structure around 1803, not looking for any long positions until we break the 1780 lows or show signs of rejection on higher TF. After this 30 minute close we could see pull back to 1800 as the US come into the market and continue the push down.
I will monitor the 1 minute TF for any break of structure in the meantime
I will monitor the 1 minute TF for any break of structure in the meantime
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