Lukegforex

XAU/USD POTENTIAL SHORTS

Short
OANDA:XAUUSD   Gold Spot / U.S. Dollar
XAU/USD 30M - Above you can see exactly what I am now wanting to see from this market moving forward.

Now that price has put in this corrective wave into our Supply zone we can now look to for trading opportunities assuming we are delivered with the right confirmation in order to enter in on these markets.

I have gone ahead and highlighted a 1H strucutural low that is deemed as protected within this bullish correction, once we have a break in that low that would confirmt the the bullish correction is over the and next bearish impulse is underway.

As always all we would do then is look for that pullback into a valid fractal Supply zone and execute our positons, allowing for a refined entry. @LukeGFX

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