fx_jax

XAUUSD-Sells- 27Aug2021

Short
OANDA:XAUUSD   Gold Spot / U.S. Dollar
1. Overall bearish scenario.
2. Price was approaching the supply zone of 4hr,1hr, and 15min timeframe with all three supply zone coinciding.
3. Took this sells on 1min time frame when the 1min candle rejected the 1hr zone and the next 1min candle broke the low of the previous 1min candle, I entered my position with SL above the previous 1min wick high (-9pips).
4. Secured 70% at +100pips and SL is at BE.
5. Final target to the 4hr demand zone.
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