After breaking out of the 2406 zone which is the channel breakout, we expect gold to resume its trend movement rallying bullish
If the 2406 resistance is strong, we expect to see Gold rallying down to the 2300's.
Xauusd after completing a hedge to 36 is expecting to sweep clean through the market to 45. But can we see it hedge down to the lower zones for an unlikely retest? Going by my expert analysis, it is gold is expected to break through resistance to rise. POI @ 45, 53
After carefully observing the market and implementing the use of top down analysis from all key time frames for a swing movement, a hedge market break down on 4 hour timeframe has been analysed and all key zones have been carefully highlighted indicating the zones of retest, retracement and market turnaround Further breakdown along New York session, ANTICIPATE !