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fedosam27

H4 CSD on gold after sweeping ATH, expecting lower prices.

Short
Gold Spot / U.S. Dollar (FXOPEN:XAUUSD)  
fedosam27 Updated   
FXOPEN:XAUUSD   Gold Spot / U.S. Dollar
Chart Patterns Trend Analysis Beyond Technical Analysis
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chartpattern trendanalysis beyondta
As the title suggests, H4 CSD after we swept a HTF objective. plenty of sellside below. STDVS are suggesting a move lower to 1930, I will update the idea as price plays out.
Comment:
Daily candle closed below 2000 confirms the idea of 1930. That low is in the crosshairs, won't take long to get there either.
Comment:
close above the OrderBlock at $2037 was the indicator the idea is no longer valid. if you're wondering what's an OB, check out ICT on YouTube. an OB is the candle/series of candle that grabs a higher time frame liquidity level, in this case it was ATH. as we closed below the OB it indicated willingness to go lower. Now that it grabbed SSL, and showed willingness to go up, any trade on or any bearish bias must be invalidated once we close back up again above the OB.
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