Short Position Idea on Gold (XAU/USD), 15M Timeframe (QML Strate

816
The chart shows confirmation of a bearish structure, aligning with the Quasimodo Level (QML) strategy. I identified an order block on the 15M timeframe, from which I expect a rejection downward. The target is the lower FVG (Fair Value Gap), located below the current price.

Strategy:

Enter short from the order block aligned with the QML after confirmation.
Place the stop-loss above the order block.
Take-profit at the lower FVG level.
This strategy leverages market structure and imbalance zones for precise entries. Watch for volumes and additional confirmations on smaller timeframes!

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.