XAUUSD/GOLD INSTITUTIONAL BUYING

Hello fellow traders, GOLD might retrace this area in the future.

The idea is buy, if youre on a short positions on 2330-2360 its all in your own.

This is only my view on GOLD trying to understand the massive bull trap being made by institutions.

After the run 16% since february, GOLD rise upto 2300$ Im expecting it retrace back to its Lows from 1600, now the institutional buying would be watch at 1700$.

This is higher context, Im basing it from monthly to weekly to daily, but the charts I provide is Daily.

This is not a financial advice either, youre on short? or your on longs. I suggest for longs.

you trade for shorts its on you.

Follow for more Higher and Long/swing trades.

Gonna missed the bleeding commodities.