ReyDufresne

ReyDufresne

Liquidity created at the top with the distribution. Looking to swing the bearish move until the imbalance gets filled at the bottom with possible re-entries as each support level gets broken and retests as resistance to confirm a move lower.

ReyDufresne

after distribution to create liquity for continuation of bearish trend,we will wait and see if 3900 support area holds or if trend breaks to mitigate lower imbalance areas around 3750-3770

ReyDufresne

Rejection at the 1734 area filled an imbalance from nov 10th 2022...moving forward gold could move to the 1780 area creating a higher high on the recent bullish trend.

ReyDufresne

SMC,following distribution at recent high,looking for short until the last imbalance gets filled around 1710.

ReyDufresne

short to bottom of channel or next support level