XAUUSD Short Bias
Hello traders!
An interesting idea here. I am looking to short gold mainly because historically May is a bearish month for gold.
One thing we can also expect is a potential shooting star first to take out the liquidity above and short term sell orders..
I will be taking this trade from a confirmation entry. However, the setup shown presents a very nice R:R - considering gold is at high curve on HTF...
Let's see!
Trade safe! Hope you have a great week ahead! :)
An interesting idea here. I am looking to short gold mainly because historically May is a bearish month for gold.
One thing we can also expect is a potential shooting star first to take out the liquidity above and short term sell orders..
I will be taking this trade from a confirmation entry. However, the setup shown presents a very nice R:R - considering gold is at high curve on HTF...
Let's see!
Trade safe! Hope you have a great week ahead! :)
Nota
No confirmation given, therefore did not short of course. We wait for the next trade.. I will step away from Gold for now as there are no clear supply zones to short.
We can wait for a shooting star, but price action for me is not enough.
Let's wait and see.
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Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.