Part of being a successful trader is being able to reverse your bias. Bullish moment, possibly up to 3800.
Break and retest of the 1h support area. Continuation of the bearish momentum for the day
There's a strong imbalance to the downside that needs to be filled. Stop Loss right above the most recent bullish candle.
Same direction as my last gold trade. My stop loss wasn't large enough and I got wicked out of the trade. There are no targets below current price and price has now hit a demand zone and will make a third push up to finish filling in the imbalance.
XAUUSD is moving back into the ascending channel after grabbing liquidity to the downside. Filling in the imbalance to the update and the stop loss is under the most recent bearish candle.