GJ broke below key supports on the hourly timeframes. Price has now consolidated and we are waiting for price to reject 151.200 clearly to allow us to take sells further down. There is also some support at 151.000 on the 1H and 30 min timeframes, so once price rejects 151.200, we expect that price can continue past this.
Gold had been bearish on the week thus far, and price was heading up towards broken weekly support. My idea was that if price couldn't hold weekly support, it would likely continue to fall and the daily candle would flip bearish. That is exactly what happened. I used the 1H and 30 min chart for execution to plot out minor levels I wanted to see break so that price...
