AlgoTradingGroup

GOLD 15 MINUTES WYCKOFF DISTRIBUTION PREPARING

Short
OANDA:XAUUSD   Gold Spot / U.S. Dollar
Looking to sell at the test of buying cimax. However, it is a good idea to see if UTAD is created and then enter at LPSY
Trade active
Comment:
Closed Partials at 130 pips. Gold has shown SOW after the strong break of Trading Range (AR). Looking for further downside movement potentiall until 1875.50 where Banks are potentially engineering liquidity
Comment:
Booked 400 pips. Its filling the price imbalances. Long term target 1875

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