Expected XAUUSD tread reversal in the next few months
XAUUSD looks like it has reached the maximum high basing on the monthly time frame giving the assumption that its in a downtrend in the weekly and monthly time frame. There is also a show of price rejection shown in the monthly time frame basing on the hummer formed and and an indecision candlestick formed. then on the weekly, we happen to have an engulfing setup formed this giving me the confirmation of the reversal.
Please share your views and correct me accordingly in case your seeing something different
Please share your views and correct me accordingly in case your seeing something different
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