I'm still bearish on XAUUSD.
XAU again just broke structure to the downside with high volume, which tells me that there is still selling pressure.
My target is around 1975, I'm going to revisit the chart when nearing it and check if the volume is high as we are making new lows. Hoping we won't break the market structure level which is at the previous lower high.
My target is around 1975, I'm going to revisit the chart when nearing it and check if the volume is high as we are making new lows. Hoping we won't break the market structure level which is at the previous lower high.
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