XU is still sitting in a clear bullish higher timeframe bias but we have pulled back as we stated last week, the higher timeframe tells us we are going bullish and we have a nice clear pullback after a push to the upside, this now opens things up for a nice push to the next ATH remember we opened up a new demand, so from here bullish is likely! BUT we can drop into the liquid stored at our lows as a lot of retail have their stops placed at closer lows.

I am looking for a clear shift bullish or a drop into the lower end liquid then to see price run to the new ATH!

Trade your plan and stick to your risk!
Candlestick AnalysisDXYGoldSupport and ResistanceTrend LinesuaxXAUUSDxu
rosshayes

Related publications

Disclaimer