XAU/USD Continue Down Trend

GoldOANDA

Description

⋅ Feb 5, 2021 3:52 AM

I don't know what's issue has been around recently, but, the graph still shows downtrend continuity. I pulled my assumption based on the previous Supply and Demand zone, also with fibbonacci retracement.

#PriceAction

Comments

bedulAnalys

⋅ Feb 5, 2021 4:10 AM

you should check the daily time frame mate, there some possibility of bull run next week.
but still this is a good work. cheers.

duhhhhh

⋅ Feb 5, 2021 4:28 AM

@bedulAnalys, I didn't recognize the demand area on the daily chart, so it probably going to pull back, thank you for your suggestion!