XAUUSD: Major high sweep | BIG bearish move +500 pips
- Price swept the last major high last week at 2060.0 and closed the week with big bearish move reaching 2030.0.
- Sweeping the last major high gives us a confirmation for sweeping the last low at 2000.0 if price wants to make new higher highs.
- Also we still have unmitigated demand zone at 1980.0, so we may predict a string bearish move to 1980.0 levels.
- Sweeping the last major high gives us a confirmation for sweeping the last low at 2000.0 if price wants to make new higher highs.
- Also we still have unmitigated demand zone at 1980.0, so we may predict a string bearish move to 1980.0 levels.