Technical Sundays - XAUUSD Looking bearish short term
Looking at XAUUSD I am thinking we are going to see a short term retracement lower into the 3hrs low before we start pushing higher.
On the 30 min timeframe we can see that market structure has shifted to the downside which is setting up a nice short harmonic pattern
3Hour markup
On the 30 min timeframe we can see that market structure has shifted to the downside which is setting up a nice short harmonic pattern
3Hour markup
Trading ditutup: target tercapai:
Price did as expected
C Nicholas Downie