Mora_Institute

GOLD tricking SELLERS and then DROPPING

OANDA:XAUUSD   Gold Spot / U.S. Dollar
XAUUSD

Opening bell 6pm NY time marks a new trading day for us in the Gold market. Yesterday we witnessed price being being delivered to the downside and forming an inside bar. Itching closer towards our weekly target for the "low of the week".

For today's projection I expect price to trick sellers by running up into the outlined target adn then dumping below friday's low and in the POI for our low of week target.

More updates to come as the day unfolds. Thank you for following and happy trading.

As always check below for access to the institute!
Comment:
Analyst: Free analysis
Associate: Paid analysis
President: All the above + course & webinars
Vice President: All the above + group chat with me & live trading as a team
Trade active:
Don't be discouraged by the arrows on the screen, they represent the overall direction the day should take.

The price points are the main POIs where I see the biggest reward to risk ratios. 10:1 trades are usually found around these price points.

Don't expect the arrows or the price points to be positioned to the exact pixel on your screen or for me to post entries on the free analysis... That's something I only do inside of the institute for members with a "president" rank and above."

Vice presidents have the added benefit of trading live with me.

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