Trade_Simple_FX

Gold H4 - Short Setup

Short
FX:XAUUSD   Gold Spot / U.S. Dollar
Gold H4

Fast approaching that 1738 price we rejected nicely. Strong supply zone when has held comfortably. Would be an absolute sniper entry to see something like this unfold.

Also looks like an inverted exhaustion pattern, so a break above 1740 could be a break of resistance/supply and we could maybe scout longs upon a retest. Early doors still so lets see what unfolds.

Want to find our more about us? Check out the website link below!

FREE Telegram: t.me/Trade_Simple_FX

Website - stan.store/TradeSimpleFX

Instagram: www.instagram.com/trade_simple_fx

e-Mail: info@tradesimplefx.com
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.