#XAUUSD #Gold Trade breakdown! 🔥
As promised I will provide you with full logic behind this trade all called live with markings how it will unfold.
I will do more of this but I want to see how much of you like this type of content and trade breakdowns so drop a like and follow if you are new!💚

🔱 Here is trade before it pumped up, posted this to prepare you if we get CSD above liquidity level in this case previous daily low it is high probability that price will pump.
🔱 Gold was making engineered liquidity and induced early buyers with it and after inducing them price begun to show signs of a reversal
🔱 I drew CSD line to show you which candle will change the state of a delivery once we close with body above it.

🔱 Here is detailed explanation of logic behind this trade.
🔱 Let me break it down for you guys, so as we took and closed below previous daily low as main liquidity level, we closed with bulky down candle.
🔱 What that means is market makers bring more fear and that will scare away buyers and induce more sellers to enter, what happens next? Market starts reversing and once we close above that bulky down candle we initiate CSD (change in a state of delivery).
🔱 Some times you can enter once the body closes above this bulky candle like in this case or you will get better entry when price retests CSD candle again and in this case it retested it and started flying up.
🔱 After price has moved atleast halfway in this case it is 2R for me in your direction you could trail your SL below csd candle low or at breakeven and let it go or either take partial at 3R.

🔱 Hope you vision of CSD is little bit clearer now, I will provide more examples in the future.
Make sure to drop a like and follow if you are new it means a lot for me💚