XAUUSD - LTFs have shifted bearish
XAUUSD is strongly bullish on HTFs - The pair has shifted bearish on the lower timeframes signaling a potential retracement downwards to the 20 area.
This presents an opportunity to both scalpers and short term traders to short the market as soon as they get the necessary confluences.
This presents an opportunity to both scalpers and short term traders to short the market as soon as they get the necessary confluences.
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.