XAUUSD_Swing Short

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With the removal of the daily demand, a new daily supply is formed and a short can be taken on a lower time frame such as the H4. This trade idea is further supported by the fact that we are high up on the monthly curve.
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With some profits locked in at about 2R, looking to pyramid the short position should prices retrace to the 1337.5 level
Multiple Time Frame AnalysisSupply and Demand

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