Update two XAUUSD buying scenarios
Scenario 1: The price had an acceptable drop and reached one of the most important support areas, from this area it can start and register a new ATH
Scenario 2: If the price fails to reach a new ATH or sweeps the ceiling and loses the order block under its feet, it has the potential for further correction. The maximum potential drop is up to $2,600. Because the structure of this time is bullish, be careful in buying shorts and consider a reasonable reward.
Important: If the price reaches any of the demand, you can take a long position by getting confirmation in the time frame of 15 minutes.
Scenario 2: If the price fails to reach a new ATH or sweeps the ceiling and loses the order block under its feet, it has the potential for further correction. The maximum potential drop is up to $2,600. Because the structure of this time is bullish, be careful in buying shorts and consider a reasonable reward.
Important: If the price reaches any of the demand, you can take a long position by getting confirmation in the time frame of 15 minutes.
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