Gold Spot / U.S. DollarUpdated XAUUSD touching daily floor
This could take both directions, see how for sellers, its an interesting break of structure and for buyers its generally an interesting floor that failed to go more bullish after the last reversal. But because of the planetary conjunction coming up, soon, 14th June, 6.30 pm GMT+2, it can reach a lower low and continue the prior trend until the vertical line, as price already broke out of the trend arc, and I do not see as much buying motivation. Lets see momentum coming in first and then take the pullback, retest.
Note: will be traveling this weekend and probably be back on the charts on monday,if not for a short analysis over the weekend. I didn't see a lot of acitivity this week, if you want more signals, let me know in the comments. <3
Note: will be traveling this weekend and probably be back on the charts on monday,if not for a short analysis over the weekend. I didn't see a lot of acitivity this week, if you want more signals, let me know in the comments. <3
Note
Perfect intraday setup today, about 2240 pip in the matter of a few hours
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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.