Looking for a clear break of this trend line before I get on the short train.
Price has been rejected multiple times on the daily chart (red line) and is now sitting at the top of the trend.
Looking to long XAUUSD after a retest at daily support.
Looking to short off one of the two trend lines. Going to keep on eye on this one to see if it continues its short term uptrend to the second resistance level.
We have hit the 4hr support and should see a push down short term. Overall, I believe AUDUSD is heading for daily support around 0.7890 before we see another big push down.