XAUUSD 24/3/24
Gold giving us a clear bullish structure but we also reached our ATH and we know price very often reaches for liquid after an ATH is reached, this does not mean we are looking for price to shift bearish but we have to keep this in mind as always, as you can see here on the chart we have liquid lows and 4 ideas of what we think price may deliver!
Please keep in mind the liquid is sitting at our last major structure low and breaking this may very well shift us short term bearish... until we get a move keep all 4 for these ideas in mind, i am expecting a lower move and then a pull back higher into our newly created short term bearish range, we of course will keep in mind all of the highlighted ideas in mind and like always you trade what you see and not what you want to see!
Please keep in mind the liquid is sitting at our last major structure low and breaking this may very well shift us short term bearish... until we get a move keep all 4 for these ideas in mind, i am expecting a lower move and then a pull back higher into our newly created short term bearish range, we of course will keep in mind all of the highlighted ideas in mind and like always you trade what you see and not what you want to see!
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