GOLD/XAUUSD - Buying Tease

XAUUSD provided us with classic manipulation, we saw a break of the descending channel and structure luring buyers to get involved, as soon as the trap was set we saw a huge plummet in price wiping out retail. We are now trading within the descending channel again, this could suggest further downside now that banks have gathered liquidity.
Chart PatternsGoldgoldlonggoldtradingTechnical IndicatorsTrend AnalysisXAUUSDxauusdlongxauusdshort

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