XAUUSD What can I describe from the chart is that, the price is already touching/enter the demand zone in daily TF, so it is possible for it to make a sideway from here on to the closest supply area in H1 or it will fill the daily demand area.
There's 2 possible movement that I can see right now is that either it retest/touching my demand area in H1 and create a sideway or breakout my H4 downtrend and enter the closest supply area and create a sideway.
But this is only my early assumption, so make sure to do your own analysis too. By looking on USD Index, its still in downtrend.
Thanks for spending your time reading this.
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Waiting for H4 candlestick to close. If it break the downtrend reversal might occur and reach price 1955.
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looking at 1899
Trade active
In H1 Timeframe it hit price 1899!!
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can it reach 1955??!!
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So today news might make gold to drop again to 1899.
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