XAUUSD 3 Line Strike Pattern

23 thg 8, 2023

This is just merrily a short term idea as the Jackson Hole Symposium will begin taking place tomorrow and has a high probability of creating volatile market swings. Overall on the medium to higher timeframe I still have a bearish bias. This week will be interesting as we have a lot of market news being released. As of right now I believe this could be a good entry for a shorting opportunity. We could see some positive price action in the Asian session, but I expect the bearish continuation afterwards.