My Anticipation on XAUUSD

4 thg 2, 2023

so with the volume the xauusd is pushing down with help of NFP, i think the trend is changing because the xauusd has already reacted of the monthly high that lead to the down trend in trendline that I showed in my analysis. so I think waiting for retracement and breaking of this present low structure on the daily time frame will confirm a down trend. with the it was shown in my analysis there will be major retracement of the weekly O.B before pushing down again to the monthly O.B. where there will be major push up before coming to take the monthly low.