XAU/USD BEARISH
Updated
Last week, we experienced a decline towards the 1993 region. I expect a movement towards the 1924/26 region and a rejection in that area to initiate the next decline towards the 1887 demand zone.
It's worth noting that I marked multiple supply zones that, in my opinion, are of interest and potential reversal areas if gold continues its ascent towards higher regions.
Good trades to all
It's worth noting that I marked multiple supply zones that, in my opinion, are of interest and potential reversal areas if gold continues its ascent towards higher regions.
Good trades to all
Trade active
Trade closed: stop reached
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