MULTIDIMENSIONALTRADER

XAUUSD outlook for this week

Short
FX:XAUUSD   Gold Spot / U.S. Dollar
Gold is moving in a descending channel on the H4 Chart.

We have marked out the levels to watch to indicate the direction which direction price is likely to go.

Our bias is still bearish until we see a shift In market structure. A new Higher High will indicate price wanting to go higher

If you find our analysis and ideas helpful:

Please follow
Hit the like button
Share your thoughts and leave a comment.


Thank you for your support🙏🙏🙏


Trade Safe and manage your risk. Everything we share is not financial advice.

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.