XAUUSD has recently displayed a ChoCh pattern on the hourly timeframe, counteracting its prior bullish order flow. The formation of a Breakout Structure (BoS) indicates a potential downside momentum, with an anticipated retest of the Order Block (OB) and the Former Value Gap (FVG) responsible for the bearish order flow. Currently, we exercise patience as we await the price to revisit the OB and fill the FVG, signaling another swing low. Our target is set on...
