Short XAU/USD
I feel like I'm posting the same analysis all over again. The market has been soooo slow this week, although still in line with previous post. I just want to reassure that bias is still bearish in favour of dollar strength. EUR/USD had a major collapse and still going -> refer to my monthly analysis posted a couple weeks back. XAU/USD has been holding on for its dear life, I feel like inevitable collapse is pending, with a guaranteed TP at 1700, and a potential for a much bigger move. I could be wrong. What are your views?
Note
Played out according to expectations! Minus fundamental wick
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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.