Brandon_evo4

GOLD Possible buyer TRAP setting up

Largo
OANDA:XAUUSD   Oro al contado/Dólar estadounidense
Hey guys, what's up So I believe that gold is setting up a buyers trap - I am not saying that gold isn't going to buy btw - I do think it is going to buy, but as my father also said, it is not WHAT you do it is HOW you do it. WHY you do it. So I think given that traders may be seeing a clear ASF break and retest - I mean why wouldn't they want to buy that right?

I mean we literally have traders confirming that they are interested just by reading different groups and forums, which corroborates my theory and idea. I think that if buyers are already in buys, the dealer will attempt to clear them out by consuming that liquidity before continuing to buy high.

Let me explain why I think so.

IF HE WANTED TO BUY MORE HE WOULD - the reason I think it isn't buying more aggressively is because it can't, it doesn't have enough liquidity to do so yet. If you are hungry you go and eat right? UNLESS you can't, unless you have no money to buy food, unless you physically cannot get up or maybe unless you are so busy doing something else that eating takes the back burner

Maybe the dealer Can't make his move yet, let that sink in. Maybe he needs liquidity before going higher

Let me know what you think
See you guys later

:)

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