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Nov 29, 2021 1:46 PM

Gold possible Re-Distribution.  

GoldOANDA

Description

Hi Traders,

See above an idea based off Wyckoffs re-distribution that could take place.
We have had a somewhat spring with a possible test happening now signaling that gold should become bullish after a "test" which is where my order is placed.

We should then not break below the low of the spring which would invalidate my schematic.

1825-1830 could be a possible UTAD which would be the turning point for a big short opportunity.

If this plays out it will be more than a 1:20 RRR.

Trade with caution.


Comments
FXKillA
I’m with you on this trade👍🏼
prakasamvikram
Thanks a lot mate, great one
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