$XAU - thankfully this post from time back hedged some spot L's
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It hit the 1M OTE - expect reaction That reaction was double bottom on the 1D Also broke a bull flag and another descending consolidation trendline Measure move target hit nicely And the 1D supply gave bearish reaction as expected Now trying to find where to rebuy Few ideas - claim of the 1M bowl kneckline as the 1M chart is very much a bowl and handle (handle is the bull flag) Or claim of the 1 - no double fake-outs Even a flip of this 1D Supply could be a good entry provided context Only bearish thing really from a money makers POV there will be good buyside liquidity above the equal highs which may give a bit of bearish reaction provided context