XAUUSD - SHORT
Gold failed to break above the 61.8 Daily Retracement for a potential bullish momentum to 1834, retesting the SMMA 50 and rejected.
That being said, gold created a strong bearish momentum to 1791.
With the previous bullish structure broken on the daily timeframe, we can expect a further move to the downside and potentially around the 1778 area or further.https://www.tradingview.com/x/GQZDxdcs/
That being said, gold created a strong bearish momentum to 1791.
With the previous bullish structure broken on the daily timeframe, we can expect a further move to the downside and potentially around the 1778 area or further.https://www.tradingview.com/x/GQZDxdcs/
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