Gold Spot / U.S. Dollar
Short
Updated

Monday FVG setup

631
Bulls were in charge to day grabbing all of the imbalanced orders, I'm expecting a price action to reach weeks high and then we can go in for a sell.
Note
Almost at the zone, waiting for an entry and possible retest.
Note
We are in the zone, strong bulls are still present, watching price action is very important.
Note
Good time for entry with a proper risk management, we have slight RSI divergence on a 5 min chart, expecting to grab all the FVG on the way down. Patience. Alertness. Soberness.
Trade active
Let's move our SL above the swing to 2661.7, after price action reaches 2654.5 move the SL to BE+, this way there will be two consolidation that will bounce the price down. snapshot
Trade closed manually
NY session is about to run out, time to collect profits and enjoy our weekend
Note
If you held your positions over the weekend, you are printing money right now.
To manage risk move your SL to lock in profit to 2655.53, this way you will have two resistance levels (stop loss levels in the chart) that the price action will have to go through to reach your stop loss. Most likely it will get rejected by one of those zones and continue in the down trend.

Two TP done, one to go.

snapshot

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