XAU/USD (Gold) 4H Short Analysis

Liquidity Sweep followed by strong impulsive move to the downside to begin the month of February. Entry will be off the 79% (0.786) Fibonacci retracement level using a limit order. Order block in blue is also in alignment with entry level. Levels 1 and 0 represent the Stop loss and take profit levels respectively.
Fibonacci

Penafian