XAUUSD Gold is going u massively. However it needs to retrace. Overall this is uptrending.
whole bias is short, the currency is on the correction phase and its struggling to push upwards
Break of Structure -Quasaimodo reversal (buy side) -overall trend was Bullish
1.) 78% FIB rejection 2.)Lower High 3.)Target: Resistance Zone 4.) Bullish Overall
possible long trade this week current momentum is bullish overall bias is bearish
-last week the pair has been ranging for a while. -as we have seen Break of structure price need to comeback and mitigate the imbalance then continue to mitigate the liquidity as well
-rejection on support (wyckoff might happen) -possible upside direction/bias (long)