XAUUSD market structure at 4-hour timeframe

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4H is swing bearish => curent is pullback up
We can sell down when the price rises to OB

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ملاحظة

The price increased and broke through IDM

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ملاحظة

The price drops when it tap on OB

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ملاحظة

The market structure of XAUUSD remains unchanged. The price wave follows the downtrend of the 4-hour time frame

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ملاحظة

In the 15-minute time frame, there is a downtrend, the price can only increase again when there is a CHOCH reversal signal in the 15-minute time frame.

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ملاحظة

The price increased and broke the strong swing peak, so in the 4-hour time frame it changed to an uptrend