Price is currently in ranging session on xauusd am expecting a run up to the first poi(block breaker) than a reversal thereafter if price runs through block am expecting a reversal upon price reaching the open or half of the rejection block
The reason for my short analysis on xauusd,price had a strong run grabbing liquidity off the weekly low.this price move initiated by banks or smart money left a price imbalance.price rebalanced reached discount level started consolidation indicating a price reversal and continuation of downtrend
The reason for my short analysis on xauusd,price had a strong run grabbing liquidity off the weekly low.this price move initiated by banks or smart money left a price imbalance.price rebalanced reached discount level started consolidation indicating a price reversal and continuation of downtrend