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makuchaku

XAUUSD (4H) : Trapping longs right now!

Short
Gold Spot / U.S. Dollar (OANDA:XAUUSD)  
makuchaku  
OANDA:XAUUSD   Gold Spot / U.S. Dollar
Supply and Demand makuchaku XAUUSD xauusdshort Gold liquidity trapped-traders btmm liquiditypool liquidityrun
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supplyanddemand makuchaku xauusd xauusdshort gold liquidity trapped-traders btmm liquiditypool liquidityrun
XAUUSD trapping longs? XAUUSD is highly negatively correlated to DXY. Yet, when DXY is making new higher highs, XAUUSD is also trying to make higher highs. One of them will be proven incorrect.
My suspect is XAUUSD. Hence, its trapping in progress!
Moreover, there's a bunch of liquidity ready to be raided below monthly lows (notice two equal lows to the left) - Candy land!
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