XAUUSD been bullish since coronavirus came into play.
Still trapped in falling wedge as well as on verge of resistance area.
There is doji candle formation on 4h TF as well indicating downward momentum.
Breaking that level could make it moving towards 1750.
Respected that level could make it declining towards next fib level.
Let's see where it goes..
Still trapped in falling wedge as well as on verge of resistance area.
There is doji candle formation on 4h TF as well indicating downward momentum.
Breaking that level could make it moving towards 1750.
Respected that level could make it declining towards next fib level.
Let's see where it goes..