XAUUSD SHOWS A STRONG SELL CONTINUATION FROM THE H4 TIMEFRAME
Hello there, now that the price has broken the recent low to the upside (BOS), what will happen next? That is a good question. As you know, the major trendline has been broken to the downside, and the pullback has also occurred. COOL.
NOTE: [b]If you take a look at the H4 timeframe, you will notice that the current candlestick could probably end up forming a tailed bar. If this happens then we should expect a sell continuation of XAUUSD today.
My Final Judgment: It appears that it's going to sell strong, as it appears in the H4 timeframe. What should you do now? Wait for the H4 to close before taking any trade. Shalom.
NOTE: [b]If you take a look at the H4 timeframe, you will notice that the current candlestick could probably end up forming a tailed bar. If this happens then we should expect a sell continuation of XAUUSD today.
My Final Judgment: It appears that it's going to sell strong, as it appears in the H4 timeframe. What should you do now? Wait for the H4 to close before taking any trade. Shalom.