XAUUSD analysis
- A daily chart ... inside a major bearish price channel.
- The four hour chart ... inside a sub-rising price channel.
--chart1 hour .. in the eighth and final phase of the Wyckoff conjugation.
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Sell to:
- 1783
--- 1770, then a bullish correction.
Break 1766 = 1761-1752
----- Landing fails if it exceeds the 1793 level
Note
Analysis failed,Change to buying. Stop loss 1789, target 1812-1821
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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.