Technical Sundays - XAUUSD Looking bearish short term
Looking at XAUUSD I am thinking we are going to see a short term retracement lower into the 3hrs low before we start pushing higher.
On the 30 min timeframe we can see that market structure has shifted to the downside which is setting up a nice short harmonic pattern
3Hour markup
On the 30 min timeframe we can see that market structure has shifted to the downside which is setting up a nice short harmonic pattern
3Hour markup
Trade closed: target reached
Price did as expected
C Nicholas Downie
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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.
C Nicholas Downie
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.