XAUSD - This is my prediction ...
My prediction is it is due a retest, as oversold now and chance of upside movement temp.
And if retest confirms downward trend, then potential drop.
1) Broken Strong support
2) Daily downtrend confirmed
3) Wait for retest before entering
And if retest confirms downward trend, then potential drop.
1) Broken Strong support
2) Daily downtrend confirmed
3) Wait for retest before entering
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.