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XAUUSD Market structure shift after news.
Gold Spot / U.S. Dollar
Short
XAUUSD Market structure shift after news.
By eltongg
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Updated
Apr 10
6
Apr 10
Market structure shift on 15m/1h chart.
Price has failed to make a new high and has displaced to the downside due to the news causing a market structure shift.
Price is testing 1H Bearish Fair Value Gap and 1H Bearish Order Block and respecting it.
Will be entering a Short and see how price reacts.
Two points of TP, one on the 4H Bullish FVG
next on the daily supply.
Apr 10
Note
Took profit at 2327 , gonna set break even and head to bed now.
Chart Patterns
Technical Indicators
Trend Analysis
eltongg
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