XAUUSD need to be careful
Liquidity is extremely strong in this area, creating a high probability for price to move both up and down to trigger all stop-losses before continuing the downward trend.
What we expect:
The price breaks this box to the upside, grabs liquidity from the minor high, and then resumes the downward movement, aligning with the overall bearish trend for gold.
This scenario highlights the importance of staying cautious and planning trades carefully around these key levels.
What we expect:
The price breaks this box to the upside, grabs liquidity from the minor high, and then resumes the downward movement, aligning with the overall bearish trend for gold.
This scenario highlights the importance of staying cautious and planning trades carefully around these key levels.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.