Gold Liquidity Analysis based on Wyckoff in Forex and Price Action
Gold couldn't break 1831 level to reach higher levels.
After that, price was moved to lower levels and those levels were broken.
There''s small distribution range in lower timeframe.
I will wait for the price to have a slight recovery, before continuing to fall further.
Take notes and observe when the price approaches the level 1812-1814
Market makers will no doubt be looking for liquidity in the lower zone like 1780-1782 and the lower level 1772-1774.
Of course, the market always surprises traders.
Because we're alway follow them who are called Composite Man.
Be prepared for possible scenarios.
Gold couldn't break 1831 level to reach higher levels.
After that, price was moved to lower levels and those levels were broken.
There''s small distribution range in lower timeframe.
I will wait for the price to have a slight recovery, before continuing to fall further.
Take notes and observe when the price approaches the level 1812-1814
Market makers will no doubt be looking for liquidity in the lower zone like 1780-1782 and the lower level 1772-1774.
Of course, the market always surprises traders.
Because we're alway follow them who are called Composite Man.
Be prepared for possible scenarios.
