XAU 1469-->1420 Happy Holidays, Best trade Till The Year Ends :)

Please watch the entire video for a full breakdown as to why price is behaving this way & where it will go next.

Price is looking to grab liquidity at 1469 which is exactly where the first bearish channel descends creating a heavy resistance level there. Once those orders have beengrabbed expect price to see a downwave at least into the 1440 Range. Upon mulitiple factors as to why price will shoot down i.e consumer spending increase, end of year repo and deals (to keep economy in the dark and happy so we keep spending) etc etc along with wave analysis & harmonics which I cover in my premium telegram. Feel free to leave a comment on your thoughts and join my team.


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Kommentar:

Keep in mind Range for bull can extend from 1469-1473

Kommentar:

Price fail to break below and shot up to the 1460's region

all trades still in play and dripping heavy in profit

Kommentar:

Bias remain for upside liquidity grab all buys currently active in profit and looking to score around 1469

hopefully a breakage above leads us to 1474-1478

Kommentar:

nuys completed at 1475 now we wait for sell confirmation

Kommentar:

would like to see a retracement at 1472-1474 then price squeeze at 1485 before falling