XAU/USD SHORT PROFITSXAU/US 4H - As you can see the zone I provided you all with yesterday has played out perfectly for us and has gone ahead and provided us with some amazing potential returns.
We saw price trade into the area of Supply, fill orders and remove Demand, this has given us a new move to the downside, now breaking a 1H structural low within the bullishness that was trading us up and into the Supply Zone.
The trade above is running + 290 pips (+ 6%) 6RR
We now want to see a continuation in this bearish structure trading us lower breaking the previous higher timeframe low, allowing price to go on to trade us down and into the Demand Zone.
Based on the previous piece of analysis provided you could have entered in on this market short once we saw bearishness being introduced and once we had been delivered with a 15M BOS to the downside. Well done to all involved.