alexm1011

$XAUUSD - Today's Setup - 23/11

Short
FX:XAUUSD   Gold Spot / U.S. Dollar
πŸ’‘ XAUUSD today's plan involves keeping a small buy runner until it hits the scalp sell zone. My typical targets usually revolve around a 1:3 or 1:2 Risk-Reward ratio, depending on the trade dynamics.

πŸ‘€ I affectionately term this a scalp sell trade since the bullish trend seems to persist without significant bearish pressure currently.

It's worth noting that yesterday's news created this sell zone, marking it as a fresh order block eagerly awaiting fulfilment.

Please approach this trade cautiously; I'm aiming to safeguard the gains we've made this week! πŸ’ͺ

Let's tread carefully and make the most of these opportunities! πŸŒŸπŸ“ˆ

Trade smart, not hard - do your own analysis before entering a trade.
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