XAUUSD Looking at Gold on the weekly time frame, it's very clear to me that Gold want to take out the old low.
Market makers will grab liquidity before that low before pushing price higher.
But if Gold take out the major swing low below the recent low, i will be fully bearish on Gold.
Trade active
Gold took out the old low just as I predicted it will.
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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.