XAUUSD | Bullish and Bearish Scenario | LONG or SHORT?
Here is my view on XAUUSD
There are two scenarios going on right here, this is the bearish one, expecting it to go down, as long as the invalidation level is not crossed yet, this whole structure is still valid.
Expecting a reversal right now, or the worst case scenario, it can reverse on the lower demand area.
But im expecting it to bulls side, because the daily candle is closed with a beautiful bullish engulfing
What do you think? leave your thought below.
Thank You!
There are two scenarios going on right here, this is the bearish one, expecting it to go down, as long as the invalidation level is not crossed yet, this whole structure is still valid.
Expecting a reversal right now, or the worst case scenario, it can reverse on the lower demand area.
But im expecting it to bulls side, because the daily candle is closed with a beautiful bullish engulfing
What do you think? leave your thought below.
Thank You!