EGFinance-FX-Academy

warning .. gold liquidity grap

Long
OANDA:XAUUSD   Gold Spot / U.S. Dollar
after the compilation of the five waves we expect ABC corrective Elliott waves
now the price is touching a very strong support level
touch the uptrend
still above unmitigated order-block
so we expect the price will go down first to sweep ict sell-side liquidity
then go up to sweep the double top liquidity creating the wave b

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.