OANDA:XAUUSD   Gold Spot / U.S. Dollar
We are familiar with the structure impulse correction impulse. The same thing XAUUSD is doing. It's done with the correction and its preparing to impulse to the down side. There is a high chance that such impulse move will be cause by news factors or a volatile sessions.
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.