XAUUSD mark up for week of 2/10/18
The weekly candle closed bearish, however the daily closed very strong bullishly. I am expecting price to continue to rise when the market opens on 2/10 up into the marked level of resistance before reversing possibly on 2/11 or 2/12 and falling to the 1300 price range. Smart money will mitigate out of their previous position here on a double tap of the 1300 price area and then price will continue the bearish weekly trend we have been on for a while now. Entry position will be a buy at the 1300 price range once price makes the second visit to this area.
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