With the 4H Structural Low still open indicating the probability of a bearish return in Price, Gold price movement invalidated SC at Supply zone 2033 yesterday after several consolidations.
Price is heading to the Sponsored Candle which acts as the Supply Zone at 2049 where price is expected to reverse from and continue its bearish move.
Price is heading to the Sponsored Candle which acts as the Supply Zone at 2049 where price is expected to reverse from and continue its bearish move.
Comment:
SC has been activated and price of Gold is dropping Nicely
Comment:
currently at 170 pips profits - with a 1:4 RR