grnntom

XAU/USD Idea

Short
grnntom Updated   
OANDA:XAUUSD   Gold Spot / U.S. Dollar
Here is an example of trade I'm in.

Gold had accumulated for a period of time before we broke structure to the downside. here we can see a clear imbalance where price moved so quickly. here id expect to see price flow pull back to the order block where we initially broke to the downside to eat some more orders in an effort to refuel to continue pushing to the downside.
Trade active
Order cancelled

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.