Hi all,
The XAUUSD has been bullish for the last few days, but I think this is only a retracement and that the main trend is still down.
There are two trendlines to the downside coming and I expect one of them to hold. Its combined with some SR structure and the 61.8 fib retracement.
Best of luck!
The XAUUSD has been bullish for the last few days, but I think this is only a retracement and that the main trend is still down.
There are two trendlines to the downside coming and I expect one of them to hold. Its combined with some SR structure and the 61.8 fib retracement.
Best of luck!
