XAU/USD
Updated
I believe this is a bearish retest as long as it stays below the 1650 resistance area and expect a retracement at least to the 1610 area. The last monthly candle also closed bearish .
Trade closed: stop reached
Bull pennant formed and hit stop
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.