$XAU Market gives 2x supply from previous one, and according to supply/ demand, Support Resistance, and last but not least Liquidity, market is expected to cross the recent low as there is bundles of liquidity, and based on Supply/Demand, after 2x supply completed, now 1x previous demand is expected that will also overcome the recent sell side liquidity. Now let's see what market do. I'm a learner, right now I'm learning too, if I'm wrong somewhere then point out, Thank You.
TP 1 is Equilibrium while TP 2 is Weak Low. These are my analysis based on structure and Liquidity, but nothing is 100% accurate so we need to prepare for worst too. So let's see $XAU
$XAU Short trade setup, It's a peanunt, so the 70% probability is market will show FMFR and only barely 30% chances that market will continue it's movement. But i prefer short position so let's see. #XAU #SHORT📉 #analysis