Technical Sundays - XAUUSD Looking bearish short term Short
Gold vs US DollarPepperstone
Description
⋅ Looking at XAUUSD I am thinking we are going to see a short term retracement lower into the 3hrs low before we start pushing higher.
On the 30 min timeframe we can see that market structure has shifted to the downside which is setting up a nice short harmonic pattern
3Hour markup
Trade closed: target reached
⋅ Price did as expected