I took shorts this morning and ill explain why...
Fundamentally the us index was looking positive.
I noticed on the higher time frame that XAU has been at a steady bullish run since last Friday.
Using wyckoff schematic on the 4hr, taking time and price into consideration, I made the ultimate decision to take my chances on the short for a 1:3 and 1.5% ROI
Fundamentally the us index was looking positive.
I noticed on the higher time frame that XAU has been at a steady bullish run since last Friday.
Using wyckoff schematic on the 4hr, taking time and price into consideration, I made the ultimate decision to take my chances on the short for a 1:3 and 1.5% ROI
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Update: Closed and secured a 1:4