XAUUSD 1H
In continuation of my previous analysis, which you can view here, and was highly accurate, the market moved exactly as predicted.
I’m with you on analyzing gold. The trend remains bearish, and I prefer to sell below 2673.
The invalidation level for this analysis is a breakout and consolidation above 2692.5.
Sequential targets along the way:
2640
2600
At 2600, I expect a temporary pullback within the bearish trend. This level could provide an opportunity for consolidation and reassessment before the trend continues.
My time analysis indicates that the price will reach 2600 or experience a temporary pullback on Tuesday, December 24th, at 4:00 AM Sydney time, which corresponds to the New York market close on Monday.
I’ll move step by step with the market toward these targets.
Ultimately, the final goal is 2570.
Stay with me as we explore where the market is headed and how we’ll reach these levels.
I’m with you on analyzing gold. The trend remains bearish, and I prefer to sell below 2673.
The invalidation level for this analysis is a breakout and consolidation above 2692.5.
Sequential targets along the way:
2640
2600
At 2600, I expect a temporary pullback within the bearish trend. This level could provide an opportunity for consolidation and reassessment before the trend continues.
My time analysis indicates that the price will reach 2600 or experience a temporary pullback on Tuesday, December 24th, at 4:00 AM Sydney time, which corresponds to the New York market close on Monday.
I’ll move step by step with the market toward these targets.
Ultimately, the final goal is 2570.
Stay with me as we explore where the market is headed and how we’ll reach these levels.
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