XAU/USD 1M - As you can see this is the position I have gone ahead and placed, when taking the time to write it out and let you all know price began to sink.
I want to see a continuation in this bearishness moving forward as price has continued to respect areas of Supply and follow with bearish structure, breaking lows and protecting highs.
This trade is currently running + 50 pips. (+ 1.2%) 1.2RR
If you are not yet involved in this market you could look to enter anytime now around this area in price just ensure you are using safety measures and managing risk.
I see this trade playing out well longer term and I am hoping to grab a large amount of profit from this. I will be taking a partial now to bank some profits before leaving the rest of the trade to run.
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