ITCFX

XAUUSD BEARISH ?

Short
OANDA:XAUUSD   Gold Spot / U.S. Dollar
Hi guys
i want to continue my forecast before
so here we go

as we can see xauusd have a great bullish structure on daily to weekly timeframe
however we know that when the trend is up there are Higher high and higher low

we see that in weekly or daily timeframe xauusd don't have higher low
which mean if we looking at lower timeframe this channel would be great for make gold correction as well

nevertheless this scene can be fail if xauusd breaout 1930

if you have different opinion u can comment below !

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.