Hello,
XAUUSD has experienced some downside momentum and appears poised for further declines. The 1M pivot point (PP) has been rejected, serving as a key resistance level. In this scenario, we are likely to see additional support levels tested before any bullish continuation. These support tests could extend as far as the entirety of the 1M support structure.
No Nonsense. Just Really Good Market Insights. Leave a Boost
TradeWithTheTrend3344
XAUUSD has experienced some downside momentum and appears poised for further declines. The 1M pivot point (PP) has been rejected, serving as a key resistance level. In this scenario, we are likely to see additional support levels tested before any bullish continuation. These support tests could extend as far as the entirety of the 1M support structure.No Nonsense. Just Really Good Market Insights. Leave a Boost
TradeWithTheTrend3344
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.
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.