XAUUSD 1W

Hello Guys, welcome to a new Trade week, this week we’ll be monitoring the (XAUUSD) pair.

Last week we expected the continuity fall of the pair or expect a huge reversal

The bears took control of the market until towards market closing time last Friday when the Retracements starts to occour after hitting our trade entry of 1650.00

We’re expecting the bearish run to continue after the correction as shown with the blue arrow

We’ll take our entry after the correction




TakeProfit: fall expected to be huge if it occours, take reasonable TPs

Good luck