XAUUSD Scenario 2
- If wicks are ignored, we can say price has broken daily dynamic support level, now waiting for retest before long position
- Double bottom on 4hr indicates reversal of market sentiment to bullish, USD weakness has also facilitated these market conditions
- Double bottom on 4hr indicates reversal of market sentiment to bullish, USD weakness has also facilitated these market conditions
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.