Looking at Gold on this hourly timeframe we can see that price just took out buyside liquidity and the reason behind that is we've been watching price create relative equal highs, now that liquidity is taken we wanna see price start moving lower and shifting structure bearish on the lower timeframes to start syncing with the hourly structure which is very much bearish
Note
NB!! The white line is where the next liquidity is resting equal lows, and as ICT calls it precision(2880.000)Trade active
I'm only updating my idea because it has reached a level here 2908.155 that was our lowest low for the day meaning price has broken the lower timeframes structure lower, sell Gold and take profit at the equal low mentioned above 2880.000
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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.