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PeanutButter
May 26, 2020 10:07 AM

XAUUSD Possible OHLC Structure in Monthly. Short

GoldOANDA

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XAUUSD
Possible Monthly Structure
Price is currently OHLC on XAUUSDOANDA:XAUUSD this month. Bearish sentiment in markets currently though Monthly still has Bills dominating.
Patiently waiting for Monthly close to determine yearly structure which is also a Possible OHLC (Sells) Long term.
In a daily perspective Take Profit will be 1703.81 if we continue to experience more bearish sentiments.
Look for pull backs in lower time frames for entries.
Remember it’s the last week of the trading month , hence manipulations and pullbacks.
Protect your capital.
Yearly Structure is OHLC am expecting sells. We still have Bulls dominating... Patience

Trade closed: target reached

Waitibg on Monthly Close
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