XAUUSD: Perfect order flow with a short opportunity +600 pips

- Take a deep look at this range on the charts..
- After breaking the structure Price started forming a Perfect order flow making lower highs and equals lows at 1930.0 level.
- Daily bearish engulfing closure after grabbing the last high liquidity (inducement) and making a fully retest at supply zone 1960.0.
- We may have a bullish move to 1960.0 for a full retest and then price may drop down to 1900.0 major demand zone.

Comment:

- Strong bullish move to 1960.0 supply zone after Initial jobless claims news.

Comment:

- Price reached 1960.0 supply zone.
- Waiting for a 4h closure.

Comment:

- 4H closure below 1960.0.
- 4H openening with a strong bullish move.
* No Confirmation yet..

Comment:

- As you can see on the charts price did not break the last low at 1940.0 levels,
so price may sweep the last high liquidity (Inducement) at 1970.0 levels.

Comment:

- Price swept the last high liquidity with 4h closure long wick (bearish pressure)

Trade closed: target reached