XAUUSD Price has tapped into a higher tf order block and created a wyckoff schematic. XAUUSD will most likely move up to test the next order block as marked, creating the LPSY (last point of supply) before moving lower. This will just be a short term sell as XAUUSD still looks very bullish on higher tfs. Would love to hear your ideas!
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Price tapped into a larger order block. It may not make a full retracement before selling off. If Wyckoff occurs on the lower tfs we can look for short positions.
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