jcordova916

XAUUSD SMARTMONEY ANALYSIS 30 MIN.

OANDA:XAUUSD   Gold Spot / U.S. Dollar
Hello Everyone! Still on a downtrend and we could even go further down in regards to structure. There was some consolidation, creating equal highs and creating liquidity on top of those equal highs. I see two options, 1. we go up to take t the liquidity and hit the 30 min. candle at 1737 only for price to respect that previous high and push further down or 2. we can see price go back to my previous idea of 1753 to continue further down. Option two could be possible but we have to keep in mind that 1741 was the previous Lower High, which price should respect. but this high also created equal highs as well. Let me know what yall think and if i have missed anything. Thank you and safe trading!
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