Bearish Short-Term Idea For XAUUSD
Based off of my top down analysis, I think price for Gold will continue downward. On the daily timeframe price has recently bounced off of our 200 MA line.
As for the anaylsis in the screenshot, this was based off of my 1 hour which I feel price will fall because its hitting three zones that I had identified, MA, trend line, and resistance zone. Lets see!
As for the anaylsis in the screenshot, this was based off of my 1 hour which I feel price will fall because its hitting three zones that I had identified, MA, trend line, and resistance zone. Lets see!
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