Gold moving exactly as we said it would on the first analysis. Price has come down to the last major low of $1,813 leaving behind a double bottom & now pushing back up, leaving a liquidity trap behind. 2 possible scenario's on how Gold will move from here👇🏽
1. Break back above the minor grey zone & consolidate, accumulating more selling momentum.
2. Retest the grey zone (order block) before dropping back down.
1. Break back above the minor grey zone & consolidate, accumulating more selling momentum.
2. Retest the grey zone (order block) before dropping back down.
