LONG and short
GOLD needs to take out liquidity at bottom of range (which it hasn't Yet).
But it filled range which means not enough of a top wick (Need to make new highs) and then go down.
Hence long but it's not sustainable cause of not enough liquidity taken out on 1W,1M.
Short idea becomes invalid when gold retests range and breaks high again
But it filled range which means not enough of a top wick (Need to make new highs) and then go down.
Hence long but it's not sustainable cause of not enough liquidity taken out on 1W,1M.
Short idea becomes invalid when gold retests range and breaks high again
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