Sphinx_Trading

XAU/USD Short Setup extreme supply +600 pips

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OANDA:XAUUSD   黃金現貨 / 美元
- Price started to rise from 1733.0 zone after breaking the last structure swing low at 1744.0.
- Also we have a change of character after price broke the last high at 1747.00.
- This type of price action is tricky because the last change of character may be some inducment or liquidity grab.
- Price formed a new higher low with big bullish engulfing candlestick nearly at 1737.0.
- We may have a bullish move to 1760.0 and then we may consider selling from this extreme zone at 1760.0.

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