XAU/USD possible short setup

24. Feb. 2020

First and foremost, fundamentals drove the price of gold to 8 month highs last week with mainstream media putting Coronavirus on news headlines which sent indices in a big sell off.. I'm looking at a possible short on gold now with this structure setup on 15 min chart, fresh highs, nice liquidity grab, I just need to see this structure break and retest to go short to the downside to highlighted zones.

24. Feb. 2020

Anmerkung

Structure never broke and retested for me so I did not enter this trade, price continued to push due to indices selling off even more.. waiting until the market shows signs of recovery before looking for gold shorts again.