GOLD: BIGGEST Liquidity Point Ever 🚨 Long

GoldOANDA

Description

⋅ Sep 6, 2022 9:25 AM

Gold is creating a huge liquidity trap for buyers using this current zone as support.

We may have some relief from the support but this will only be a trap to lure more buyers in.

It is highly likely that the buy side liquidity is going to be swept before market maker buyers intervene and push price back into the highs.

🚀Thanks for your BOOSTS and support🚀
💬Send your comments and questions below, I'll be glad to talk to you💬

Comments

Mihai_Iacob

⋅ Sep 6, 2022 3:22 PM

You can be right, but if it breaks under 1680 we have a confirmed double top.

AlkalineFX

⋅ Sep 6, 2022 10:22 PM

@Mihai_Iacob, Let's see how it goes!

lazameks

⋅ Sep 7, 2022 12:10 PM

"Buy lure" has a high percentage of occurring

AlkalineFX

⋅ Sep 12, 2022 6:57 AM

@lazameks, Facts!

TraderV123

⋅ Sep 6, 2022 7:30 PM

Thanks! If Powell eases his stance on inflation based on pressure from worry of a rising dollar causing trade imbalances and if there is a lower than expected CPI reading for August, then I can see your 1780 - 1790. GLTA! Shorts and longs can win!

AlkalineFX

⋅ Sep 6, 2022 10:23 PM

@TraderV123, I agree man! We must sit on our hands for now!

DanielDehghani2022

⋅ Sep 6, 2022 3:58 PM

DXY is going toward 113.
This September is a blood bath for the market.

AlkalineFX

⋅ Sep 6, 2022 10:22 PM

@DanielDehghani2022, USD is insane lol!!

RLinda

⋅ Sep 6, 2022 2:31 PM

I agree with u. Thanks for sharing my friend

AlkalineFX

⋅ Sep 6, 2022 10:22 PM

@RLinda, Thanks Linda!