XAUUSD at market sell into supply zone

Price is approaching a daily supply zone and therefore are only interesting in sell trades.

Currently, price is testing a 4hr supply zone and could be a great area to short back down to a lower demand zone. If price pushes up higher we will look for another supply zone on a smaller time frame to get involved and sell the market.

Trade ist aktiv:

Price has started to move away from the supply zone and would look to move stop to break-even

Trade ist aktiv:

Price is still within daily supply zone and interested in sell trades only.