THOUGHTS ON XAU/USD

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THOUGHTS ON XAU/USDGoldOANDA:XAUUSDLukegforexXAU/USD 4H - As you can see price has now broken structure to the downside after trading into an area of interest. I would like to see price pullback up giving us the opportunity to short this market longer term. Like mentioned in previous analysis price is showing good signs of a longer term bearish move, this would be us capturing the next higher timeframe leg to the downside. In order for us to get involved it is important for us to make sure we have all parameters met, this just ensures that we are being as safe as we can be when looking to take part in this market. As we know the more confluence we have the bigger probability we have at being successful with the trades we place, this is why its vital we wait for price to trade into our zone and deliver us with the confirmation needed.