Short
XAU/USD long term sell scenario
From my study of price action from the daily timeframe I observed the following
1.From 1st March to the 8th March we saw price very bullish
2.From 9th March to 15th March we saw price strongly bearish
3.From the 16th March to 31st March we saw price play within a range
Currently i'm looking foward to how price will react below the range, i'm anticipating a strong sell off if I should see strong price break below structure.
1.From 1st March to the 8th March we saw price very bullish
2.From 9th March to 15th March we saw price strongly bearish
3.From the 16th March to 31st March we saw price play within a range
Currently i'm looking foward to how price will react below the range, i'm anticipating a strong sell off if I should see strong price break below structure.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.