MrKTechnicalLevels

#XAUUSD Has Already Acquuired Big Liquidity For NFP Data

Short
OANDA:XAUUSD   Gold Spot / U.S. Dollar
As expected, the market movers executed a well-coordinated setup to clear out sellers who had entered short positions below 2300. This move triggered stop losses for sellers. Subsequently, after reaching 2320, many buyers entered the market anticipating a further rise towards 2350. However, the market makers took advantage of this, triggering stop losses for both buyers and sellers, thus achieving the necessary liquidity for a significant movement ahead of tomorrow's NFP.

I anticipate that during the NFP release, we may witness a move towards 2200-2180 if we observe another H4 closing below 2290.


Once We Get H1/H4 Closing Below 2295 We Can Sell Till 2286-2280 with Sl around 2305 .If H4 Closes Below 2290 Than It Will Confirm Our Bearish Trend And We Can Expect 2260-2200.
Comment:
#Update After Breaking the 2295 it gave a low of 2285 and than recovered.
Comment:
As Anticpated Price Has Recovered From Our Marked Zone Of 2280-83 And Currently trading at 2315 We are expecting good sell from 2332 area which we had already marked stay tuned for further updates.

Mr K
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