Trade_Simple_FX

XAUUSD D1 - Short Setup

Short
FX:XAUUSD   Gold Spot / U.S. Dollar
XAUUSD D1

Nicely sat on our sell zone here, trading just shy of daily and H4 supply, I think we may be able to see 1940/oz. If so, this may be an area we look to signal and sell short dependant on the time of day and what's round the corner (ADP employment figures).

We will keep an eye on this, as it stands, stops would sit at around 100pts which is a little large for our liking, if we can grab something closer to 50-70 the would be more attractive.

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