Gold Spot / U.S. Dollar
Short

Potential Shark Forming 🦈🦈 (Short then Long)

405
GOLD - Potential Shark Forming, HTF is bullish this is a retracement (Be careful if you trade it), we've had multiple BOS and bearish orderflow with price currently rejecting from the 0.618, I'm expecting it to continue down towards the D point.

The Dollar is recovering and the D point lands on the .886 pullback on the Daily chart (Where I will look for Daily continuations)

Let me know your thoughts!

** Disclaimer ***

These ideas I never trade until the end target with my initial lots, I focused on high probable entries with higher lots and use a specific partial taking strategy giving me a very high win rate and take most of my profits very early, I only leave a small % of my capital to run the entire trade. On the flip side im constantly monitoring LTF momentum and will close early if things change, these analysis's are for research purposes only.

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