GOLD XAUUSD Next possible movemets
#XAUUSD ( Update..! )
The pair is currently running in a confused situation. According to that I can expect two scenarios. The most possible scenarios are most possible.
Sell now : Reason ❔
Broker the low time frame 5M descending channel
Broker the low time frame 15M descending channel
15M Structure break successfully
5M resistance break successfully
Buy now : Reason ❔
Running bullish trend in 1H timeframe
Making reasonable Fvg with huge range
Rebound from 1H trendline
Rebound from 1H support zone
My recommendation is just waiting for the local bearish or bullish confirmation to enter the market. This is a very dangerous situation. Be careful guys.
The pair is currently running in a confused situation. According to that I can expect two scenarios. The most possible scenarios are most possible.
Sell now : Reason ❔
Broker the low time frame 5M descending channel
Broker the low time frame 15M descending channel
15M Structure break successfully
5M resistance break successfully
Buy now : Reason ❔
Running bullish trend in 1H timeframe
Making reasonable Fvg with huge range
Rebound from 1H trendline
Rebound from 1H support zone
My recommendation is just waiting for the local bearish or bullish confirmation to enter the market. This is a very dangerous situation. Be careful guys.
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