In my opinion, it will goo Deep.
If you notice, The main trend is a full Bear, therefore, the greatest probabilities are that the price will continue with the main trend.
sorry for the noise in the graph.
Price on GbpUSD has been in a litlle range since some time... BUT considering that the main trend is a BULL, This is my insight. I'll be waiting for
price to Break the B level, move away from it, and come back to it.
After some while without trading XAUSD, I finally see a possible oportunity. In order for me to enter this trade, i'll Be waiting for the price to come back to the B level, as it became a key level for XAUUSD price.
