Gold (XAUUSD): 1900 Inevitable

Other traders seem to think that price will become bearish on Gold, I disagree.

This daily trendline is being respected but more touches of it only makes it weaker in my eyes.

I think the push down from the trend line was nothing more than a liquidity grab for breakout buyers.

Now that we have collected liquidity, we can proceed to the next key level at 1900.

I would like to join the buyers ONLY if we see a retracement to fill the imbalance marked.

Let me know your view on this in the comments below.