💡 XAUUSD: Maintained within a large amplitude
Updated
Gold increased yesterday, but with a narrow increase range and an upper shadow, closing 1/2 of the range, and falling inside the large D1 bar first to create the Inside bar model, D1 gold showed yesterday to be weak increase day. Yesterday's price bar also narrowed fluctuations, forming bar NR4, which is the price bar with the narrowest range in the last 4 days. With the price action combo Inside Bar + NR4 created, gold D1 is deeply compressing the price, there may be strong price movement here.
There have been no significant changes in the H1 gold chart structure. Price is still moving sideways within the price range. The current H1 gold chart structure is more bearish, so we can wait to sell H1 gold today from the above level. If the price breaks out, you can wait for a retest to buy.
There have been no significant changes in the H1 gold chart structure. Price is still moving sideways within the price range. The current H1 gold chart structure is more bearish, so we can wait to sell H1 gold today from the above level. If the price breaks out, you can wait for a retest to buy.
Note
Running Buy +40pipsNote
+80pipsNote
GOLD FLY !!!!!
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