Traine

smart money Gold look out

FX:XAUUSD   Gold Spot / U.S. Dollar
What i am looking to Gold do to get the most out of her. Now i am just waiting for her to show her hand and then respond to the moves she makes. First I like to always FIND THE MONEY. The money is always in areas where there is implusive moves/momentum and imbalance is what she leaves behind. Then i look for liquidity. These are area price leaves behind to INDUCE retail trading. Once i see where she is leaving behind liquidity i look for what price is protecting, is it the highs or the lows. What i mean by that is once price pushes away from the HL or HH she doesnt return. They are protected. So if it is an uptrend you will notice the higher lows NOT BEING BROKEN. This is a good way to also determine in which direction the trend is in. Look for an order block and wait for price to return and execute execute execute.
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.