XAUUSD: Bearish +1000 pips
Updated
- Price closed last week with the strongest bearish momentum in years after reaching a new high at 2430.0.
- As you see in the charts price created trendline liquidity below 2330.0 (sign for bearish move).
- Great point of interest created at 2365.0as you see in the charts so it could be a good zone to short after confirmation at LTF.
* We may see a big bearish move to 2250.0
- As you see in the charts price created trendline liquidity below 2330.0 (sign for bearish move).
- Great point of interest created at 2365.0as you see in the charts so it could be a good zone to short after confirmation at LTF.
* We may see a big bearish move to 2250.0
Trade active
Note
- Price swept the last lows. created at 2333.0 and closed with a strong bullish candle.- We can predict sweeping the last highs also filling the imbalance / FVG created at 2380.0 levels and that would be our premium zone to enter a short position.
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