XAUUSD shorting opportunity for this week

A extreme price action for the bullish, seems like a lot of profit taking has been done. a high probabillty trade for a pullback. Reversal hasn't been confirmed yet, Nevertheless, head and shoulder formation on H1, but H4 big bearish candle is required.

Kommentar:

price was trading downside at 9AM EST , Spiked one more time during the news very good indication, watch if daily candle can close on or below PRZ zone

Trade wurde manuell geschlossen:

Fundamentally could not support the idea