Hi traders, even though XAUUSD is still flying high, we are seeing potential consolidation and chart has failed to create another higher peak in M30.
There is potential XAUUSD will pause its bullish rally and reverse price towards 2700 price point.
In the smaller timeframe as shown in the chart, you can see that XAUUSD is already breaking the trendline and have higher chance to continue downside movement
Good luck!
There is potential XAUUSD will pause its bullish rally and reverse price towards 2700 price point.
In the smaller timeframe as shown in the chart, you can see that XAUUSD is already breaking the trendline and have higher chance to continue downside movement
Good luck!
Mekar Trading Forex by Andrey Kurniawan
Telegram: t.me/forexmekartrading
Other contacts: linktr.ee/mekartrading
Telegram: t.me/forexmekartrading
Other contacts: linktr.ee/mekartrading
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Mekar Trading Forex by Andrey Kurniawan
Telegram: t.me/forexmekartrading
Other contacts: linktr.ee/mekartrading
Telegram: t.me/forexmekartrading
Other contacts: linktr.ee/mekartrading
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.