Gold has reached a significant resistance level on the 4-hour time frame. We're observing a potential selling opportunity, considering the chance that it might retrace from this point through an imbalance evident on the 4H chart. It's important to note that this should not be interpreted as financial advice. It's crucial to effectively manage your risk in any trading decision.
Trade active:
I will close 70% of my position here and trail the remaining with my SL.
Trade closed manually:
Nice outcome
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