NavidNazarian

Gold short position setup

Short
NavidNazarian Updated   
OANDA:XAUUSD   Gold Spot / U.S. Dollar
After the market made all time high now we have a CHoCH in 4H TF and a BOS in 1H TF, and now we're in the pull back.
I think this area has the most potential to look for a short entry setup.
As always, we can set a limit order or wait for a CHoCH in 5min TF and then go short.
Let see what will happen...
Good luck.
Comment:
We can set our first TP on 2006.
Trade active:
This trade is active now.
Good luck
Comment:
Unfortunately we missed that trade but I'm going to enter this trade again when I see a CHoCH in 5 min TF.
Trade closed: stop reached
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