xau SHORT bias

11 giu 2022

from this weekly chart i see an HnS pattern which if respected we could see gold fall to $1665. It is at a pivotal point which i think will give us very good swings whether looking to long or short. we'll monitor it closely on smaller timeframes. Now, from this chart I'm biasing to see a long term sell if gold prices don't breach the 1879 level .

Further reactions will be given once we get to those levels