mrleh

XAUUSD BUY OR SELL? Here's what'll happen

FX:XAUUSD   Gold Spot / U.S. Dollar
XAUUSD is in a bit of a rough spot, currently in the downtrend off the reversal and now we wait for another trade to come our way. Very likely it will go as the marked-up chart. it'll push towards ethier the weak or the strong key area and make a third top in the M structure or it'll break through the key area and continue plummeting. All in all, we'll have to wait for confirmations for the buy or the sell.


XAUUSD moving exactly how we wanted it. towards the downside, hitting the key area. Price has yet to hit the key area so we'll wait. Wait for a reversal candlestick pattern or a break of the key area.


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