1 MORE DROP FOR GOLD

XAUUSD

Setup: Price breakout minor structure. Price is currently ranging. Once breakout then confirmed downtrend. Looking forward for 1 last drop.

Confluence:
BRN
Supply Zone @ 4H


Confirmation Needed:
Price has to break below bottom trendline for confirm downtrend.

Entry:
Sell @ 1490, SL @ 1502 (120 pips), TP @ 1450(400 pips)

Trade chiuso manualmente:

I cut loss first @ - 30 pips.

Can see the bullish momentum kicking in, will wait for another opportunity.