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Gold (XAUUSD): 1900 Inevitable
Gold Spot / U.S. Dollar
Long
Gold (XAUUSD): 1900 Inevitable
By AlkalineFX
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Dec 28, 2021
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Dec 28, 2021
Other traders seem to think that price will become bearish on Gold, I disagree.
This daily trendline is being respected but more touches of it only makes it weaker in my eyes.
I think the push down from the trend line was nothing more than a liquidity grab for breakout buyers.
Now that we have collected liquidity, we can proceed to the next key level at 1900.
I would like to join the buyers ONLY if we see a retracement to fill the imbalance marked.
Let me know your view on this in the comments below.
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XAUUSD
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AlkalineFX
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