Gold Spot / U.S. Dollar
Updated

XAUUSD Market Structure Analysis on 15 Minute & 4 Hour Timeframe

214
4H swing is bearish => current is pullback
M15 swing is bearish.

The main trend of the 15-minute and 4-hour timeframes is down, so we can look for selling opportunities in this area.

Trade active
15 min time frame price continues to fall and breaks the bottom and makes a strong new high
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Trade closed: target reached
15-minute time frame price has broken a weak bottom but has not created a new strong swing top
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Note
15 min time frame price continues to fall and breaks the bottom and makes a strong new high
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Note
price dropped and broke weak bottom on 4 hour time frame as planned
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