XAUUSD - GOLD - Market Analysis
Smart-money concepts / Institutional trading strategy
Thursday price started to slow down after creating new highs earlier in the week.
Following structure from the 4H down to the daily, we can see very clear breaks of structure towards the down-side.
Entry is based on 4 of my confirmations including Risk:Reward over 1:5.
Could take gold lower but will be waiting for further price action when market opens.
Smart-money concepts / Institutional trading strategy
Thursday price started to slow down after creating new highs earlier in the week.
Following structure from the 4H down to the daily, we can see very clear breaks of structure towards the down-side.
Entry is based on 4 of my confirmations including Risk:Reward over 1:5.
Could take gold lower but will be waiting for further price action when market opens.