XAUUSD Trade Idea November 2, 2021

Price made a draw on liquidity below the areas highlighted in grey, hence I'm now expecting a return to the institutional candle highlighted in yellow as the large players have to mitigate (close) those sell positions opened in order to continue in their buy positions. My buy limit entry will be set at the 50% mark of that bullish order block as price is expected to rally upwards from that point.
Bullish PatternsgoldtradinginstitutionallevelsinstitutionaltradingmitigationMultiple Time Frame AnalysismultitimeframeanalysisorderblocksXAUUSDxauusdshort

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