Daily Bearish Reversal Intraday Sell

10 בנוב׳ 2022

In this scope Gold has traded up into and rejected the Mean Threshold of a Daily Bearish orderblock. You can see on the 1H that a sweep of liquidity above a short term low creating distribution of price below previous support of 1707.00. There is also SMT Bearish Divergence on the 1H. Currently I am looking for price to return to a premium array for OTE at the 1H Bearish oderblock to take sells down to 1682 as the market fills in the imbalance created Previous days NY Session.