stibo

GOLD SHORT Opportunity (Supply & Demand)

Short
stibo Updated   
OANDA:XAUUSD   Gold Spot / U.S. Dollar
Hello Traders,

We can see here a strong impulsive downmove on the 1h chart. This move was likely made by institutions because the candles are very long and the move was quick.

Wait now for price action in the supply zone to confirm an entry. If the price shots through and does not confirm the supply zone then do not enter anymore.

Please leave a like to support my work. 👍

Thanks for reading,
stibo 🥦

Trade active:
Trade closed: target reached:
tp hit + 213 pips
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Thank you guys for your support. Appreciate it.
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