XAUUSD: Buyers Are In Trouble ☠️

The breakout of the trendline was very clearly a trap.

Buyers are now panicking holding on to their last hope that price will reverse back to the upside.

This is highly unlikely to happen.

We are likely to see a strong sweep of the equal lows to liquidate remaining buyers before we see any signs of a reversal.

I want to buy in for a long-term swing with the members around 1600.

Let me know what you think in the comment section.