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AmirSoraya
Oct 19, 2022 8:31 AM

Bearish Order Flow Continued on GOLD Short

GoldOANDA

Description

I was thinking of reaction on Daily Demand Zone but bears were strong enough to break below that zone.


Bearish order flow continued and created liquidity for future upward move.

I expect price to reach Daily/4H Demand then I will look for 15M CHoCH for reversal up.

As long as XAUUSD is above daily MSL, upside movements are more likely than downside moves.

What do you think about this chart? Feel Free and Comment Below!

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