XAUUSD bearish patterned LH was created and is now starting to crash into a new LL. In addition, the strengthening of the USD could further lower the value of the XAU. In this chart you can see that the MCG 50 curve acts as a resistance.
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.