XAUUSD - 15m | SELL SELL

Simple trading - Wyckoff Event

This is an extremely short-term pattern, and there is not much to explain here. Other than this, the pattern/event happens when the market makes a big dip and starts to consolidate. AKA "accumulation phase"

Expect the market to fall back down to the previous support area 2595-2585. After this fall the market should reject support and continue its bullish trend to ATH


Chart PatternsDXYGoldgoldtradingTechnical IndicatorsMetalsSilverTrend AnalysisUSDXAUXAUUSD

Disclaimer