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XAUUSD - Massive Shock To Sellers

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FX_IDC:XAUUSD   Gold Spot / U.S. Dollar
In all honesty, what I witnessed on Fridays trading session is something I never expected to play out all in one day.
Buyside liquidity stops at 2088.48 was not met to the tee but as an overall long projection, I'd class it as accurate.
as we have had a massive move, I am expecting rangebound action but if dollar is to drop lower, more pressure would be placed on gold to trade higher.

My philosophy is simple...

Fortify Michael J Huddlestone's concepts that I have studied to consistently predict where the market is more likely to go.

This includes;

- Market Structure
- Buyside/Sellside Liquidity
- Order Blocks
- Liquidity Voids
- Fair Value Gaps
- Optimal Trade Entry
- Premium/Discount Array
- SIBI/BISI
- Many More!

The strategies mentioned here are some of many that I use to implement into my analysis and over time, with consistency I aim to achieve a high degree of accuracy in the markets with the foresight and understanding to assess what went wrong when my bias is negated.

Credits;

- Michael Joe HUDDLESTONE
- Shawn Lee POWELL
- Toray KORTAN
Comment:
MASSIVE shock to sellers!
Comment:
We have seen astronomical growth in gold with all-time highs in the cards; $2146.79
Comment:
Although I am in a neutral position still (due to a hedged position) I am still on a lookout for ATH to be retested, especially of we see a continues selloff in dollar

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