XAUUSD BUY OR SELL? Here's what'll happen

By mrleh
XAUUSD is in a bit of a rough spot, currently in the downtrend off the reversal and now we wait for another trade to come our way. Very likely it will go as the marked-up chart. it'll push towards ethier the weak or the strong key area and make a third top in the M structure or it'll break through the key area and continue plummeting. All in all, we'll have to wait for confirmations for the buy or the sell.

snapshot

XAUUSD moving exactly how we wanted it. towards the downside, hitting the key area. Price has yet to hit the key area so we'll wait. Wait for a reversal candlestick pattern or a break of the key area.

snapshot
Beyond Technical AnalysisbuyChart PatternsGoldlehforexLONGSELLshortTrend AnalysisUSDXAUXAUUSD
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