Gold 4H - Short Position

2020년 2월 10일

We are looking at a clean set up on XAUUSD.
Price Action: Bearish engulfing indicating sellers are jumping into the market.
Key Area: Prices at 61.8 % fibonacci retracement.
Looking at the break to the downside of an ascending flag.
Entry price: looking at the retest of quarter point 1572.50.
Pending orders work best.