XAU/USD Short Setup +600 pips

Updated
- We can see on the charts price rised with impulsive movement from 1620 demand zone and broke the last highs at 1690 (change of character).
- Also we can observe imbalance after price rised aggressively from 1630 demand zone.
- Price now at a major supply zone at 1730 so may have a big bearish movement to 1630 demand zone to fill the imbalance.
Comment
Sell Stop @1723.00
Comment
Target achieved
Beyond Technical AnalysisChart PatternsGoldgoldtradingsphinxfxTrend AnalysisXAUUSDxauusdshort

Also on:

Disclaimer