@ashley3726 on XAUUSD | PriceONN Community
Anyone else spot that bearish engulfing candle forming on the H4 chart? Price rejecting the 5110 level, RSI confirming the downtrend. Could be a good shorting opportunity down to the 5070-5080 area. I'm setting my stop loss just above the high of the engulfing candle, around 5125. High risk reward potential here, but always manage your risk!