Yesterday, for the London session we were creating levels before the NY Session. Once NY session came… price created liquidity by going to grab buy stops and hitting stoploss orders to continue down. Afternoon session, we continued down to the daily level and massively rejected after taking liquidity from sell side.
Today i believe we will do much of the same....
Structure is bearish while currently sitting at a key demand zone. Not much volume for gold movement currently is London session. I’m eyeing some major volume at the overlap sessions of London and NY. EXPECTING a break of this key level around 1830-35.
If we look at previous price action: we had a major push down to confirm transition in structure then at the...
