Gold has created some imbalances in the market that needs to be filled. Overtime it has also created a trend line which the market has respected allowed retail traders to be setting up for a short. The market will push to the upside to fill those imbalances while hitting retail traders stop-loss and creating more liquidity as well as more imbalances before it start to sell again.
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.