Marioheard

Gold shorts after attacking buy stops

Short
OANDA:XAUUSD   Gold Spot / U.S. Dollar
I’m shorting Gold this morning after seeing how we broke structure when it traded above weekly equal highs which means a shift in the market should be in place. Especially seeing how we had the big drop in the prev month I’m confident that we should be bearish and price should start breaking previous daily lows. On this trade price made a short term low during Asian and attacked sell stops above equal highs on the LTF during London. Once nyc opened and price shifted I knew that was what I needed to see to take my shorts being that we haven’t broke a daily low this week I’m sure price should start attacking this weeks lows and start back trading into last weeks range as we head down into 1900. Thanks for watching…

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