Potential Movement for XAUUSD ending Week 1 of 2023
As we caught the 400+pip downwards movement from the Weekly Resistance at 1862, I expect this London Session to drive further lows; with negative NFP data reversing price at 1816. Tight stops in the event of further downside movement. Trust your own analysis, don't wait for setups... TRADE. We're buying or selling, wherever price goes, I follow. Don't think this chart is all that matters.. as soon as it invalidates, I'm already moving in the other direction with price too!