Scenario 2
Many of the traders will be looking for sell, but we having uncertainty in the world. which can push up the gold. the market makes will try and trap all the sellers.

my last week's charts, I was expecting a drop from Fib 0.71 but marked extended to Fib 0.786 and dropped. it was a great sell.

this chart is purely special wave theory with SMC and the market makes move. it will respect the levels but the market makes can manipulate to take the liquidity.

trade with care and always use SL
V.Ragu
Beyond Technical AnalysisTrend AnalysisWave Analysis

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