XAUUSD 500 PIP SHORT COMPLETE (ICT BASED TRADE)

16 พ.ค. 2023

ORDER INEFFICIENCY BUYSIDE -2045

ORDER INEFFICIENCY SELLSIDE - 1988

Guys I hope you enjoy the trade idea. The aim was to catch one extreme towards the other extreme and I was successful in doing so.
The main objective is to understand when we look at the price action on gold is first of all the overall trend which was up and is still up.
Something and the most important thing to look at is where the inefficiencies live and where the price can continue towards higher targets on the upside I am talking 2070 and above.
I believe that the inefficiency at 1988 had to be fulfilled for any by side momentum to push to higher targets can come into play within the gold market.
At this moment of time we have completed both by side and so sad inefficiencies and the price is free to go towards higher targets if it wishes to do so. However as traders we are reactive and not speculative salt to sit tomorrow out and observe new price action a new price patterns is essential.
To be broken on the daily if this level is held then we are clear to buy towards 2070 and most likely towards the equilibrium between 1988 and 2070 can be your first target.