YProsper

GOLD

Short
YProsper Updated   
FX:XAUUSD   Gold Spot / U.S. Dollar
Manipulated since monday. You can see on monday the 5am open was being used as resistance, priming retail into placing stops above this level. Wednesday we swept everyone going short this market.
Now they are pumping this. AS you can see this has been accumilated 3 times (boxes) and its funny how the high just put in is 1333 lololol no many people will put there stops at 1335. perfect for a liquidity sweep, beforing heading lower (distribution) .

I am hunting shorts at 1335 target 1313.50

Lets see how this unfolds...

Shout out the market makers. You the real MVPs!
Comment:
Stay mindful of the fact we have nice stops resting above 15th Sept around 1336.60
so its hunting around 1335 but cautiously. WE COULD consolidate and on monday target 1336.60 then on Tuesday begin distributing lower. All about risk mangement, i have my parameters in mind, time to monitor what liquidity is going to be swept and try jump on board. Good luck
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.