XAU/USD possible short setup
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First and foremost, fundamentals drove the price of gold to 8 month highs last week with mainstream media putting Coronavirus on news headlines which sent indices in a big sell off.. I'm looking at a possible short on gold now with this structure setup on 15 min chart, fresh highs, nice liquidity grab, I just need to see this structure break and retest to go short to the downside to highlighted zones.
Nota
Structure never broke and retested for me so I did not enter this trade, price continued to push due to indices selling off even more.. waiting until the market shows signs of recovery before looking for gold shorts again.
Penafian
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