XAUUSD: Last call to short 2040.0 +500 pips
Updated
- Price swept the major liquidity last week at 2040.0 and broke the last low forming a change of character.
- Price started a correction phase after reaching 2015.0.
- We can predict a reversal to from 2040.0 supply zone to 1980.0 demand zone.
- Price started a correction phase after reaching 2015.0.
- We can predict a reversal to from 2040.0 supply zone to 1980.0 demand zone.
Note
- Bearish engulfing 1h closure at supply>Trade active
- Strong 4h bearish closure from supply zone.
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