Daily Trend: Bearish
4hour Trend: Bearish
Trade scenario 1:
This is what we would like to see in XAU where it has broken the last Low in 4H timeframe and a strong support in 1H
It's creating a new LL, now we wait for a retest to the support become resistance zone and creating a new LH to put a short position
4hour Trend: Bearish
Trade scenario 1:
This is what we would like to see in XAU where it has broken the last Low in 4H timeframe and a strong support in 1H
It's creating a new LL, now we wait for a retest to the support become resistance zone and creating a new LH to put a short position