XAUUSD: Short opportunity to catch +500 pips
Updated
- Equal lows formed at demand zone building liquidity below 1950.0.
- Price has taken the last high liquidity before closing with a strong bearish daily candle.
- We may have a bearish move to 1900.0 demand zone.
* Pivot: 1950.0 (4H closure below 1950.0 as a confirmation).
- Price has taken the last high liquidity before closing with a strong bearish daily candle.
- We may have a bearish move to 1900.0 demand zone.
* Pivot: 1950.0 (4H closure below 1950.0 as a confirmation).
Note
- Price reached 1940.0.Note
- 4h closure below 1950.0Note
- Daily closure at 1940.0- We may have a correction to 1960.0
Note
- Price corrected to 1952.0 and then started going bearish to 1940.0
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