FX:XAUUSD   Gold Spot / U.S. Dollar
So gold has been slowly climbing up and after we had a fall off and created this gap on the open of today, so personally overall i am bullish on gold but I do see markets coming up to re distribute and then come down to sweep the lows and re accumulate before going back up, So we could see a possible sell to buy scenario here, where we get a re distribution around the area of that gap where the last high was and could possibly see a entry for a short term sell to then buy right below the liquidity we accumulated around the 1780-1782 area that i broke down and measured 50% of the last down candle before the up on the 5min that lined up perfectly under the liquidity we have pooled up, so we will see what information and confirmations that markets provide when markets play in these areas, its a new week i personally like to wait till monday-tuesday for more information but we will see. We also know last week DXY made a massive push up last week and i am expecting for markets to come down to create some healthy price action so could move gold higher if markets do so.

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