This idea illustrates about XAUUSD next move.
Time Frame :Week.
1. The price falls further down towards to 1810 and takes support.
2. I have marked LOW volume zone, where price fall/raise always flow easily without any stops.
3. I have mentioned an example about WICKs. When a pivot or any support line appeared on a candle wick, then assume the same support is weak stopper.
Time Frame :Week.
1. The price falls further down towards to 1810 and takes support.
2. I have marked LOW volume zone, where price fall/raise always flow easily without any stops.
3. I have mentioned an example about WICKs. When a pivot or any support line appeared on a candle wick, then assume the same support is weak stopper.