Ipda
XAU/USD IPDA Update Feb 2023Hello Traders!
As you can see price took out the 20 day high and ran to the 20 day low.
But why?
There is Buy side liquidity above that significant high.
There is Sell side liquidity below that significant low.
The primary drivers of the market is the interest rate and liquidity.
Once again another example of IPDA giving clear paths of a trade idea (other macros need to aline).