XAUUSD (GOLD) MARKET ANALYSIS

 Good evening traders, I hope you're well and your day is good. Into the charts today I've been looking into XAUUSD since the start of the week as markets opened and price continued strongly bullish from last week's bias. Price rallied to a key H1 & H4 supply zone at 1731.49 & 1721.54 which is the origin of the previous drop to demand at 1635.83 & 1620.21. Price has filled the major range from the key H1 & H4 supply zone to demand and back to supply. Price rallied into supply, formed rejection wick followed by candle close inside supply then a strong drop away from supply in 3 large bearish candles showing strong bearish momentum. 
Took sell entries during NYSE at 1713.10 with SL at 1721.77 after closing my 1723.00 entries pre-maturely. Setup taken is a drop base drop, a continuation setup and my target is at 1658.00 the next H1 low and 1st minor range fill.










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