XAUUSD Long term corrective move
We are currently sitting in a Weekly Bearish Orderblock, with 1914 being 50%.
On line chart you can see a pretty clear Inverse H&S, which I believe will be used to correct the steep uptrend.
Blue boxes are Bullish OBs, with 50% marked in red.
Use those areas for possible area of struggle.
Unless we close above 1914, we should see our corrective move down before we see 1960.
If you need further in-depth help, pm me
Happy Trading
On line chart you can see a pretty clear Inverse H&S, which I believe will be used to correct the steep uptrend.
Blue boxes are Bullish OBs, with 50% marked in red.
Use those areas for possible area of struggle.
Unless we close above 1914, we should see our corrective move down before we see 1960.
If you need further in-depth help, pm me
Happy Trading
Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.