adiyatcoto

XAUUSD September 2023 - Strong Bearish

Short
PEPPERSTONE:XAUUSD   Gold Spot / U.S. Dollar
Key Level = 1804


With range analysis, I'm trying to compare the previous Quarterly Timeframe (Q2) to this Quarter (Q3).

You can see, actually, the major bias for the Quarterly timeframe is bearish.
With my Monthly Pivot Point level, you can see that the projected Low is suitable with the S4/L4 level Monthly.

September is the last Month for Q3. So, I expect strong movement in Monthly timeframe for September.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.