Trade_Simple_FX

Gold H4 - Short Setup

Short
FX:XAUUSD   Gold Spot / U.S. Dollar
Gold H4

We sold off nicely here and looks to have broken support, but a quick flick to the D1 timeframe shows a large wick rejection, and whilst we have set new lows on the H4, this isn't the case for the D1.

So we simply wait for something a little more clear which compliments both timeframes, this would give us more certainty and confidence in taking our short entries on the retest

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