In this analysis we are focusing on (1H) time frame for XAUUSD. As we know that gold create a new all time high (ATH). In this analysis we are using parallel channel and SMC concept combination. Price break the channel toward downside showing that seller in control and I expect price falls at least at the demand zone. According to the SMC concept once market swept...
✅Gold managed to create a New All-Time High(ATH) at the beginning of the week.
🏃♂️Currently, Gold is moving near the 🔴PDL previous day low 🔴.
🌊According to the SMC concept, when market price sweep the liquidity, once the buy side liquidity has been swept completely then market will move further according to the direction of the trend.
💡Also, we can see Bullish...