It is funny how a single player make use of market structure to make a successful campaign...
Secondary test will lead to a shake out... Inertia steel above 50 on the 4 hour confirming that the uptrend is intact... 1 hour already oversold with heavy accumulation on increased negative momentum leading to a secondary test... After it surplus will happens ... waiting for the 200 ema to show support is an smart decision since limit buy orders sit there and...
ALL THIS SELLING MAY LEAD US TO BIG GAINS IN THE FUTURE... DETAILS ON CHARTS WITH POSSIBLE ENTRYS MARKED WITH GREEN CIRCLES
XAUUSD (Gold) Short @1291; TP @ 1260, SL your choice