Gold Update and possible Set up
Updated
We have been watching gold for a little and it has done exactly what i anticipated it consolidated before distributing in the area of imbalance then started to move down to take out some liquidity, so at this point we are either going to get a strong rejection from this IT candle and continue bullish or we will come down and sweep these equal lows we have that is right above a imbalance that could get filled, so we are waiting to see what market does in the area its in before taking entries. We also know with seasonality from now thru end of Feb. we will be bullish on gold, so this is why I am looking for more of buys over sells.
Note
Gold absolutely smashed TP and looking for possible other entries for tomorrow or tonight
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