XAUUSD Forecast
We think gold will make small correction before going down
Don't usually analyse gold too much as its too volatile. Think gold is going to climb back to test the mitigation
Gold has formed a correction to the HTF supply now turned demand area
On a day trade purpose, I expect price to wick up to the LTF base high or key level, identified in gold and grey on the chart.
IF these are respected BELOW then price will continue BEARISH
Don't usually analyse gold too much as its too volatile. Think gold is going to climb back to test the mitigation
Gold has formed a correction to the HTF supply now turned demand area
On a day trade purpose, I expect price to wick up to the LTF base high or key level, identified in gold and grey on the chart.
IF these are respected BELOW then price will continue BEARISH
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