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Short

XAU/USD (GOLD) Short Bias 1070 IN SIGHT P.A analysis

FX:XAUUSD   Gold/U.S. Dollar
1893 1 25
XAU/USD             still has a way down to GO!

WEEKLY lower high and lower low structure = BIGGER PICTURE DOWNTREND....
Bottomed at 1132..(was expecting 1100) and had a choppy corrective retracement but STILL
put in a lower swing high on the Daily TF...(1227 ish             )

Now awaiting downside continuation with 1130 to be hit then 1070 (forming a new lower low)

Read price action and envision the future :D
OMBS
2 years ago
I agree w/you. Recent pullback is a Bearish continuation flag.
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