XAU/USD Daily Analysis 10/10/2023
During today’s analysis there has not been much movement in the market, however the market is creating new liquidity points by forming higher lows (where stop losses will lie below them) and higher highs, which looks like an uptrend is forming. However I will be looking for a liquidity grab into the daily demand zone over the next few days before I will look to enter a long position into the next liquidity point.
Side note - I may potentially look for short positions as the liquidity is grabbed based on market movements and/or order blocks or other confluences.
Side note - I may potentially look for short positions as the liquidity is grabbed based on market movements and/or order blocks or other confluences.
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Feragatname
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