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CollectiveCapital
Feb 8, 2021 3:52 AM

XAU/USD Q1-M2-W2 Short

GoldOANDA

Description

MONTHLY - Bearish

WEEKLY - Bearish - Wick fill pressure

DAILY - Bearish

-Depending on FOMC meeting taking place on Wednesday the 10th, High probability of pushing dollar index higher, but inflation rates are still at high
-We expect a strong bull run if price respects 1760/80
-IF and only if Price breaks structure we caught a premium short position
Comments
GoldEW
Thank you for great chart and analysis :) agreed
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