AlkalineFX

XAUUSD: Monday Projection

Long
OANDA:XAUUSD   Gold Spot / U.S. Dollar
Monday will become another buy lure day with pressure on buyers wanting to break away from this low point.

I would Like to see a wipeout of bother buyer and seller liquidity before we get our next impulsive move in the market.

I have illustrated the next potential move, please bear in mind market open gaps.

What are your thoughts on gold this week?

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