XAU/USD Short Analysis to catch +700 pips
- Price respected supply zone at 1810.0 forming a clear divergence.
- We can observe strong bearish move from the supply zone.
- After reaching nearly 1770.0 price formed a new low and started to rise in a correction movement.
- If price broke 1780.0 it will be a good confirmation to short it to the next demand zone at 1710.0.
- We can observe strong bearish move from the supply zone.
- After reaching nearly 1770.0 price formed a new low and started to rise in a correction movement.
- If price broke 1780.0 it will be a good confirmation to short it to the next demand zone at 1710.0.