Since gold's ATH on April 12, it has been correcting.
We fell back to $2277 on Friday before returning to $2300.
The price reacted on a large H4 Order Block below the equilibrium.
We are still selling XAUUSD on HTF. However, if we recover the $2328 level, I'll go back to buying the market.
The next key levels to recover will be $2346 and then $2354.
Feel free to subscribe and boost this post if you enjoyed my analysis, and tell me what you think!
Happy trading and a great week :)
We fell back to $2277 on Friday before returning to $2300.
The price reacted on a large H4 Order Block below the equilibrium.
We are still selling XAUUSD on HTF. However, if we recover the $2328 level, I'll go back to buying the market.
The next key levels to recover will be $2346 and then $2354.
Feel free to subscribe and boost this post if you enjoyed my analysis, and tell me what you think!
Happy trading and a great week :)