Correction at 3270-3280 Then Drop at 3130.

124
XAUUSD  H1& H40 Timeframe .

REASON: Market have due liquidity sweeps area at 3260-70 & CHOCH MultiRejected Resistance ). we have discussed in our weekly Episode.

- I will sell on top from 3270-3280 structural resistance area if i got confirmation of rejection and to long target at 3130.
Secondly below 3180 is also good point for sellers if its got invalidated at first stage and target will be 3130.



OPINION:Expecting the upside surprise and accumulate till NY session for distribution. Keep eye on Dxy for further confirmation.

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