AlkalineFX

XAUUSD: Controversial Idea

Long
OANDA:XAUUSD   Gold Spot / U.S. Dollar
Support becomes weaker as we add touches to it, gold is showing signs that it wants to break below this support and tap into the major demand.

I would like to see this liquidity grab AFTER we invite some more buyers and stop hunt the rest of the sellers.

I think my illustration could have huge potential in combination with the news manipulation that is likely to occur.

What side of the market are you on? Let me know in the comments below.

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