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PieroFB
Feb 9, 2022 2:38 PM

XAU/USD (GOLD) Sell Order Short

GoldOANDA

Description

Driven by an important resistance level on H4.
In a short period of time, the price shows signs of manipulation for the buying side of the stock.
As the return in M15 gained pressure in a short period of time, we have favorable conditions to see higher sales in the coming hours.

M15 = Manipulation + Pump and dump tactic

I see a good option to enter the market with a sell order in 1825.

Enter Price = 1825
Oder = Sell
Target Profit = 1815
Expected duration = 1 to 3 days
Stop Loss = 1833

Order cancelled

Order Cancelled
Comments
hamidreza_FX
Good job
PieroFB
@hamidreza_FX, It is important to note now the strength of the current movement. A new selling opportunity may occur in the next few days when there is an oscillation between the trend and the strength of the movement.
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