KlejdiCuni

XAUUSD: Tricky Situation

Short
OANDA:XAUUSD   Gold Spot / U.S. Dollar
In my personal opinion GOLD is in a tricky place where all the 3 scenarios that I showed are possible.

1.Red Scenario - is possible if the price will respect the channel development
2.Orange Scenario - is possible only if the price will retes the small broken structure and moves lower
3.Black Scenario - the price will break lower than the support trend line by growing in this way the bearish momentum and pushing lower.

I am focused on the Orange Scenario.

Thank you and Good Luck!
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Comments

Nice work. I agree with orange.
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KlejdiCuni GloryHound01
@GloryHound01, Yes, also in my opinion, that is the most conservative and safe scenario. Thank you.
Reply
Nice, good work!
Reply
amazing analysis mate
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agree.
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Very good potential scenarios 🐻❄️🙏😊😃
Reply
Great setup!
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Thanks for sharing my friend
Reply
KlejdiCuni Miska_Fx_Millionaires
@Miska_Fx_Millionaires, You're welcome.Thanks
Reply
amazing setup and overall great. thank you for the updates!
Reply
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