XAU/USD , 1783.84 lvl broken

15 авг. 2022 г.

price surged downwards at the open of the market , knowing fully well price has been on an area of strong resistances on the daily time frame. now price has broken the 1783.84 lvl, my speculation is that price will go down to 1770.68. my opinion, wait for price to retest 1783.84 lvl, note rejections before joining the downtrend. wait for the London open to confirm structure and rejections