OANDA:XAUUSD   Gold Spot / U.S. Dollar
Gold is Showing upside potential on the short term. supported by bearish order blocks and imbalance to the upside. I'm expecting to see a short term rally towards the order blocks and thats where I'll look for sells. As the market stands now, price is sitting just below a level of Liquidity. once this level is broken I'm expecting to see a rally up to the Orderblocks and once we are tapped in, we'll ride the drop down to previous low.
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.