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ISYOBOYG
Apr 22, 2024 11:59 AM

Correction on Gold Short

GoldOANDA

Description

Gold failed to close above 2400 and creat a new Break of structure( Higher high). A change of character at 2354 that Is a counted for by a fair value gap( imbalance/ inefficiency). This structure has an order block associated with at 2400 and 2386(our entry point) however we should consider the weak high as well as swing high from the previous day, week and month.
Gold broke our overall buy trend.
Be vigilant on what happening with WW3 as well as the U.S economy
Fundamentally so I think Gold is too unpredictable nowadays but its worth the risk.
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