marcusgb23

marcusgb23 Updated 

Entry was @ 1.8144 SL @ 1.80890 (Updated to 1.81400 floating in profit) Overall TP @ 1.82600

marcusgb23

If you look at XAUUSD on a higher timeframe you'll notice it looks like it's either at it's high or close to it, whether you want to enter now or wait for more confirmation & a retest is up to you but overall, I'm thinking it's bearish and will hopefully hit the last key level of support/resistance

marcusgb23 Updated 

If you look at the higher time frames such as 4 Hour & Daily time frames you'll notice the price hit a Major Key Level of Support (Low) so it looks like it's almost time to reverse, I gave my SL extra room & risked less in case it falls lower but hoping for it to go towards the 85.100 area

marcusgb23

OANDA:XAGUSD If you look at the 4 hour chart, you'll notice a double top forming. Because it's on the H4 chart, I'd suggest using low risk/lot size and setting multiple TP's based on major levels within the double top formation, as well as any other supportive confluence/confirmations/indications!