as u can see in my chart. i will find a short for Gold / XAUUSD . will wait at yellow zone for short. There is Quasimodo level (QML) at time frame m15/m30.
In m15 and m30 there is breakout candle giving signal to drop, but not for sure how long it can drop, base on m30, there still debt for 1.618 fibo projection. Now based on m15, price in retrace climbing perhaps going to zone and make price action which is breakout in lower timeframe m5-m15..
m15
m30 T.A.Y.O.R, just sharing my ideas, not a signal. Were just retail traders.
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Price hit 2382.. can find short, careful if break 2386 ^^