Reason Y GOLD Dumped

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if u check 1 hr time frame gold closed below recent ob/ low and did a immediate recovery..immediate sellers are trapped..price also tried respecting 0.618 zone by giving a good healthy red candel but trapped sellers there too..price swept the last major high and closed 1h candel below indicating liquidty sweep... we look at a minor low being taken and enter at retracment in lower time frame..for more confirmation u can wait for major low be taken and enter for shorting oppurtunites..tp will be major order blocks only..i caught 13rr trade in this setup..

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ملاحظة

guys for choch or bos pls make sure there is 1h candel closing .. if it doesnt close its a liqudity sweep in most cases