Hello Traders,
I hope you all are doing great. I'm expecting a probable short setup on Gold as it's been bearish for quite a while
Confluences:
*BOS to the downside
*Increase in volume and volatility for Bearish OB
*Trendline continuation or grab LQ to go short(I've marked both scenarios)
But this is a high risk trade as DXY has started trending Bearish!
Just an idea not a Financial Advice
I hope you all are doing great. I'm expecting a probable short setup on Gold as it's been bearish for quite a while
Confluences:
*BOS to the downside
*Increase in volume and volatility for Bearish OB
*Trendline continuation or grab LQ to go short(I've marked both scenarios)
But this is a high risk trade as DXY has started trending Bearish!
Just an idea not a Financial Advice