gilwardhana

Liquidity 1800 taken

Long
FOREXCOM:XAUUSD   Gold Spot / U.S. Dollar
Yesterday on Monday, during London session, market maker dump gold price down to 1798. Market maker took out buyers who holding long position since last week with trailing stop at 1800, this was also took out buyer during begining of Asian session. Below 1800 also has a lot of break out seller activated during yesterday dumping. During New York session, market maker make rejection on fibo 78. This is a good sign for bullish trend with target profit at 1.618 fibo expansion.

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