Previous week as been bearish ,o before we continue our bearish to movement to tRget the prevous week low,market creating series of strong high otherwose knownas turtle soup
Price reacting from a HTF poi ,therefore the next liquidity is the one resting above that high
Previous week made a strong low,which inturn make price drawing to the high due to high liquidity resting above it
simle bearish structure and liquidity creating strong high abd breaking structure
Clearly gold is on bearish bias but yet it had to clear internal liquidity befor3 continue bearish Capitalising on the bullish internal structural liquidity movement
On a weekly bias we could see gold is currently on a down trend after taking out the major buyside liquidity or external liquidity then creating a strong market order flow The following weekly candle will be seeking the internal buyside liquidity before continuing bearish
Gold had been selling for some days now after reaching off the buysdlide liquidity it seeking liquidity below Love the piece of art Structure and liquidity
Gold is currently on a consolidating down trend after reacting from a major zone on 4hr time frame