According to the Wycoff Theory gold is in Phase C (UTAD) where it ram through old highs before distributing out sells. And so i see it buying to clear out the liquidity at 1664-1668 to sell to the downside to clear all the liquidity at the bottom at 1574 and below.
Note
Sell Limit at 1774.80sl at 1780.80
tp @1574
Note
Floating 100 Pips in profit
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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.