FOREXCOM:XAUUSD Potential double top for XAU signalling a reversal. If we see a close below 2881 on the 4H chart, and a retest to the inverse FVG above at the 2888 level. We could see a drop to 2830. Market is still unable to accept XAU >2900 and with Trump policies being inflationary and US data still on the stronger side of things, USD continues to...
Currently in no man's land. Looking at gold to move towards 2735 or 2745 before deciding on the next move for gold. The image shows my 15 mins time frame prediction for gold.
Looking to trade off 2760. To target 2786 or 2735.
Looking at hourly order block to trade off from. Set alert at 103500 and 103k. If it goes below 103k, I will be looking at 101.3k. If it creates a CHoCH and goes back up, I will be looking at 105.2k.