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CollectiveCapital
Jan 25, 2021 1:58 AM

XAU/USD Q1/M1/W5 01/25 - 01/29 

GoldOANDA

Description

01/25 - 01/29

MONTHLY - Bearish

WEEKLY - Bearish

DAILY - Bearish

4HR - Bearish

-Price has reached an area of interest at 1860.00

-Would need to break a structure high 1875.00
-Possible FOMC meetings may push gold up with confirmation of a bearish dollar

-Anticipation for price to mid way complete the month bearish then area fraction of reaccumulation phase on major demand zone

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