BrokerNightmare

Position yourself for the BEARS

Short
OANDA:XAUUSD   Gold Spot / U.S. Dollar
Price is currently at a weekly resistance level where we know plenty sellers are psychological about.
We can clearly see a 3H BOS just at the weekly level and as technical analysts, what does that indicate?
So how do you position for the imminent sells, Wait for Minute level timeframe distribution and enter with your proper risk management. Feel free to comment what you feel.

As side notes, I believe the war btw Russia and Ukraine is a world power game to prepare for the bear markets this year. I am still very bearish on all markets, Expect price to sell massively, and the best justifiable reason for that kind of bear market is "WAR"

Goodluck on your trades.

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