#XAUUSD price have reached a new high, now we expect a bearish retracment below 3080 once the H1 or M30 closes below 3117.
Below 3117 have a strong bearish continuation which will target 3100-3080 for new formation, stop loss at 3135.
Above 3142 breakout possible bullish to continue.
Below 3117 have a strong bearish continuation which will target 3100-3080 for new formation, stop loss at 3135.
Above 3142 breakout possible bullish to continue.
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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.