JICPT

Gold bearish setup on 1H(look for break to trigger setup)

Short
JICPT Updated   
FX:XAUUSD   Gold Spot / U.S. Dollar
As my previous published idea, gold has directly hit the daily supply zone. But we need to see the reverse pattern on 60 minutes.

Just patiently wait, if the violation happens, short setup will be trigger.
Comment:
It fell into my scenario 1.
Comment:
Triggered
Comment:
I reviewed the chart, momentum is still strong. the upper zone short setup reduces the risk. This is a quick range short setup.
Comment:
I'm a bit conservative. Entry should be lower to get the order filled. But it's something we as a trader have to face everyday.
Trade active:
Order got hit
Trade closed: target reached:
target got hit the next hour. It's a quick trade.
Comment:
This is the follow up image.

plan your trade and trade your plan
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