GOLD Setup on (mobile phone)
This Trading approach called SMC (Smart Money concept) explains how price moves in terms of liquidity and order flows. If you want to know where the market is heading to next, its good to study paths big financial institutions make. Well, we can see that XAUUSD has been slowly failing and we do not know how much it may fall farther. Looking at the liquidity that the price has been creating, we may expect a drop to the downside around 1790 and we might see a reaction and Looking for potential buys around that Zone.
DISCLAIMER: TRADING INVOLVES A HIGH AMOUNT OF RISK THEREFORE THIS IS NOT A FINANCIAL ADVICE BUT SIMPLY MY PROFITABLE APPROACH TO THE FINANCIAL MARKET USING THE SMART MONEY CONCEPT (SMC). SEEK A FINANCIAL ADVISOR BEFORE MAKING ANY INVESTMENT!
DISCLAIMER: TRADING INVOLVES A HIGH AMOUNT OF RISK THEREFORE THIS IS NOT A FINANCIAL ADVICE BUT SIMPLY MY PROFITABLE APPROACH TO THE FINANCIAL MARKET USING THE SMART MONEY CONCEPT (SMC). SEEK A FINANCIAL ADVISOR BEFORE MAKING ANY INVESTMENT!
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