GOLD: Market maker sell program in place
It seems like we are creating a Market Maker Sell Program on GOLD.
Price hit a nice resistance line on Tuesday, right into a 4H bearish order block.
The support lines are draw from the daily swing low (3 candle swing pattern, draw all obvious open, close, body lines)
We had a OTE entry during FOMC and are now in the selling part of the setup.
Normally the 1182 act as resistance a take profit should be below 1132 if the MMSP completes, but it would be a good idea to take partial profits at the bullish order block around the 1142 level.
Price hit a nice resistance line on Tuesday, right into a 4H bearish order block.
The support lines are draw from the daily swing low (3 candle swing pattern, draw all obvious open, close, body lines)
We had a OTE entry during FOMC and are now in the selling part of the setup.
Normally the 1182 act as resistance a take profit should be below 1132 if the MMSP completes, but it would be a good idea to take partial profits at the bullish order block around the 1142 level.
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