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EquilibriumTradingAlexMO
Jan 21, 2020 7:40 AM

XAUUSD starter position short  Short

Gold/U.S. DollarFXCM

Description

Looking at the CFTC COT report we can notice that institutions have large long exposure and when that has been seen in the past, Take profit on long positions happened.
The main trade with a 1/1 target has been triggered on M chart. Once demand zones will be taken out on lower time frames I will be adding to my position off D1 and 4H fresh supply zones.

Trade active

Starter position 1/1 triggered
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