



We trapped sellers at 4,903 and Induced buyers at the same time.
At 4,578 we induced sellers into the market meaning they would like to sell the highs, understand that sellers are in control and we will most likely run the low at 4,128 some time soon.
In current price action we have swept previous daily high at 4624 retail traders view that sweep as a “bos” meaning on the pullbacks they are interested in buying above lows we have breakout traders induced buying above the previous day high as they view that as “ resistance broken = buy” we also have the break and retest traders buying on the retest of the previous daily high.
In my opinion buyers are stuck above the highs and sellers have not got involved.
Because I sell above old highs and buy below old lows I’m view this while PA as a trap for buyers as they are stuck buying in premium and above old highs.
I can expect price to sell off shortly as we are in premium for sellers also trading inside a daily FVG
Now that buyers are induced I need early sellers also involved trap them then short into the stops of all the silly buyers
Analysis on $XAUUSD spoke about this on the previous post, it’s so interesting and beautiful to watch how price moves spoke about this analysis yesterday.
Current price - After sweeping PDH retail want to long gold above PDL any “buy reaction” above the lows (PDL) will be a smart money trap.
Gold is targeting the lows at 4,520 maybe even the extreme at 4,455