Gold Spot / U.S. Dollar
Short
Updated

XAUUSD shorting opportunity for this week

159
A extreme price action for the bullish, seems like a lot of profit taking has been done. a high probabillty trade for a pullback. Reversal hasn't been confirmed yet, Nevertheless, head and shoulder formation on H1, but H4 big bearish candle is required.
Note
price was trading downside at 9AM EST , Spiked one more time during the news very good indication, watch if daily candle can close on or below PRZ zone
Trade closed manually
Fundamentally could not support the idea

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