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Fernandobeast
Jun 4, 2019 1:03 PM

XAUUSD shorting opportunity for this week Short

Gold/U.S. DollarFXCM

Description

A extreme price action for the bullish, seems like a lot of profit taking has been done. a high probabillty trade for a pullback. Reversal hasn't been confirmed yet, Nevertheless, head and shoulder formation on H1, but H4 big bearish candle is required.

Comment

price was trading downside at 9AM EST , Spiked one more time during the news very good indication, watch if daily candle can close on or below PRZ zone

Trade closed manually

Fundamentally could not support the idea
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