XAU/USD |HTF Analysis| Monday, 4 December 2023-XAU/USD HTF technical analysis
-Gold is at his highest so be prepared for huge moves
-ALL TIME HIGH was liquidated
-From now on we will see what will happen
Alltimehgh
Supply & Demand (ltf liquidity swept, bounce to demand)Please hit that like button/comment for the daily TA posted for the community 👍
If i was to take a trade in this area I'd take a long position due to the market structure and current formations being painted in this range.
Supply and demand based on current price action in the data above, I'm long.
0.786 fibonacci looks like an interesting area of interest/confluence.
Will provide attachments to this as the day proceeds, should be within 24 hours price action gets resolved
