MurderMarkets

Buyers trap @2400!? - More shorting to come??

Penjualan
OANDA:XAUUSD   Emas / Dollar A.S.
Good day Traders!

Have the institutions trapped buyers at 2400-ATH ?
One would think so as the break above 2400 was strong but the subsequent move down was stronger! - A likely institutional footprint

As a result of this $2400 price manipulation a 4H OrderBlock was formed and respected since, followed by bearish shifts in markets structure.

We now have a fresh 4H Bearish OrderBlock that I refined down to the 1H where I anticipate smart money to push prices lower from, given our notion of 2400 price having buyers trapped.
- If this OrderBlock holds, seeing bearish market structure shifts from it, then lower prices are probable!

Lets see what happens, stay tuned and happy trading!
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