XAUUSD 1HR SHORT PENDING (Psychological trading)
Waiting on gold to go deeper and deeper into the supply zone where alot of retail traders will be trapped into going long and build liquidity and then price will tumble.
Note
We had a spike up as expected to pull in retail traders to go long and then got the drop after liquidity built up. Now we waiting on a little pull back and finally see 1488.05 being achieved.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.