OswaldoFX
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since Sep 30, 2021
4h
analysis
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The 4H is still in the bearish territory as the current price still was not able to break the 1804.96 4H lower low range. There are a lot of fresh order blocks formed and hopefully, we can take advantage of the scenario.
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The most anticipated bullish run is still on queue as we expect to go lower than 1805.23 this week. Bearish movement is still visible in 4H and most likely the weak low will be taken out.
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XAUUSD 4H is still in bear territory. A major break of the structure was made last week which would rocket the price to break the daily swing unluckily a change of character occurred last Monday on the 4H and still no sign of the price slowing down.
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