XAUUSD
Seems as if gold is having hard time to stay above 2400.
After it went above 2400, retreated below this level, Xauusd needs to break the 2400 resistance to cancel the broader bearish structure.
If we look into The structure price in the deeper pullback has completed its retracement near the solid support area and if again price comes near the zone in the upcoming fundamental we may see a good bullish Momentum towards the resistance area. Wave 4 retracement is complete and price is ready for the new wave a probably new impulse. It's All predictions check proper price action before trade.
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After it went above 2400, retreated below this level, Xauusd needs to break the 2400 resistance to cancel the broader bearish structure.
If we look into The structure price in the deeper pullback has completed its retracement near the solid support area and if again price comes near the zone in the upcoming fundamental we may see a good bullish Momentum towards the resistance area. Wave 4 retracement is complete and price is ready for the new wave a probably new impulse. It's All predictions check proper price action before trade.
leave a like, comment tell me what you think?
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