I’m currently in on XAU/USD sell…I think price is moving to close up the upward gap that was created at the start of the Asian session. I entered at 1847.78 and my TP is 1834.88 and SL is 1850.00. Let’s see how this trades goes. I like to think in probabilities, that way, I don’t get too emotional about any trade.
1 Like
Most of the time Gaps created in the market get filled up before the market moves on, so there’s a high chance that lower prices will be reached, it may just take a day or longer, Your setup is not bad either.
I saw the reversal and went out of the market immediately with little profit. I just want to see how it plays out. I’ve marked the support level as my entry for a possible sell move. That is if price breaks that resistance level. Or price might want to get to the supply zone with the wick on the 4hr Time frame before it comes down. The market has a mind of it’s own. It moves, we follow. Let’s see how it goes
1 Like