I thought before elections that Trump winning would bring a sustained uptrend on XAUUSD
as well as on XAGUSD
but this doesn't seem to be the case. Isntead we made another shooting star
that signals the beginning of a new period of lower prices. Plese observe the last time we had that kind of traded volume
on this asset, it was the very same day we made another shooting star
marking the top of this fib speed resistance fan.
As it happened last time, I wouldn't be surprised of new daily higher highs before starting with the trend, be careful with your entries.
All your comments are welcomed, thanks.