Choppy old week we are seeing, Algos taking over atm, think the major players are side-lining currently but XAU is making a nice set up, we are seeing this accumulation in this balanced range, we had a very wyckoff looking spring, which would have trapped sellers and gained some much needed liquidity, price now makes a flag pattern and we have a bullish pin form, if DXY does make a leg down here, which is what I am waiting for this week, we should see a spike in XAU back to some areas which are likely to balance the market again.
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Nice start, some nice movement in our direction.
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Take some profit, Bazinga
Comment:
Awesome profits, Awesome trade.
Trade closed: target reached
