XAUUSD Bearish set

٩ ديسمبر ٢٠٢٠

In this set up, price has failed to break through structure. Strong wick rejections @ 1870 - 1875 range. But price is also respecting the support level created @ 0.5(1857.26). If you analyze price on the lower time frame, you see that there is a small resistance level @ 1860.764. This area could prove ideal for a Sell Limit

SELL LIMIT SETUP- USE PROPER RISK MANAGEMENT
Entry - 1862.76
SL - 1866.91
TP1 - 1857.37
TP2 - 1833.68