A quick trade in XAU

In line with our bigger picture of weakness in Gold we have an interesting opportunity forming on H4 here. Its a basic tenkan test trade. We broke went under tenkan and are tested it with rejection to resume the downward trend. Remember we are just trading in line with the bigger picture but getting smaller timeframe confirmations.

Entry: 1475
SL: 1479
TP: 1468
RR: 1.54