1948-1950 Entry for Short

5. Juli 2023

It looks like Gold wants to rebalance the daily imbalance and target 1948-1950. IMO this would be a good short opportunity. As the upside move is left with Low Resistance Liquidity Run (several Failure Swings) more downside is likely. If we can then take previous weeks low and then have an up close candle with displacement, this would give me more confirmation that the bearish move is over. This would create High Resistance Liquidity Run or in other words a Double Bottom.