Gold been too choppy this days but one thing is clear for evey gold trade, he loves liquidity grabs. Since he has been strong last fews days I suggest a buy position at least to 1940 level, thats where I see a lot liquidity left behind...
Gold is clearly into a uptrend. Making HH and HL, today was a freaking shock to me, wasn't real expecting this insane drop... It made me look more deelply into tecnical camp. Found a good channel, wich makes total sense to me, so I expect a new HH IF it does not break the channel, wich I find it really dificult due world conditions right now
Imagine how much liquidity is down there around the level 1800… I wouldn’t be surprised to see a fake breakout and then a random spike to 1800 just to take all the stops and after that a bigger movement upwards. Been around for a while and gold is the craziest metal I ever seen
Gold been pretty choppy this days, and his down trend should be over soon as september start. 1806 is my last short target, by now I'll be looking for longs and my 1st target is 1830. This is my point of view, leave your feedback down there
