XAUUSD CONFORMATION
GOLD is pulling back to the major support level at 1900. The market is trading in a downward channel .
Price broke and closed below the major level at 1920, which gives the market a bearish sentiment. However
Price action prints the bullish harmonic pattern after a sell-off.
We look for short term counter-trend trade opportunities at the confluence level: support level + psychological number 1900 + harmonic pattern .
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Price broke and closed below the major level at 1920, which gives the market a bearish sentiment. However
Price action prints the bullish harmonic pattern after a sell-off.
We look for short term counter-trend trade opportunities at the confluence level: support level + psychological number 1900 + harmonic pattern .
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Share your opinion in the comments and support the idea with Like. Thanks for your support!
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