Gold is likely seems going towards all time high. u can watch reasons on chart.
seeing buying on GBPAUD CHOCH is done Tapped Extreme POI (OB)
IN view of PRICE ACTION gold is making higher low and lower low now it has made of new higher low before making a new lower low it has to retrace first upto previous lower low before BOS And it retraced to that region even it retested that region which is in favor of selling gold
IN view of PRICE ACTION gold is making LOWER HIGH and lower low now it has made of new Lower High which is a retracement before making a new lower low This Lower High has also a retest of previous LL which is in favor of selling gold.
MY PREVIOUS ANALYSIS WAS A PATTERN THAT WAS NOT SOMEHOW PERFECT NEXT week gold possible reaches the zone 2270-80 there we got a best entry point for selling 2350 is also an optional point for us in case of rejection we can take entry on retest of this zone
Gold is Gonna making HEAD AND SHOULDER pattern so if it makes then it can give us good short entry but in case of breakout 2385_2390 is a good selling zone
GOLD has taken its sell side liquidity and now it will retrace upto 2330 and then fall to2245 region from there it will pump to up. TAKE YOUR TRADE ON YOUR OWN RISK
GOLD NEXT STOP TO 22390 ITS STRUSTURE SHIFTED AND RESPECTED OB and now its journey is upto where its bear breaking was started also on 1D it respected OB