jakrmo

Continued bearish, or slight retracement?

Short
OANDA:XAUUSD   Or / Dollar Américain
As per my last Gold analysis, I said I wasn't sold on the long term trend flip to bullish. Overnight the Asia session broke the consolidation area marked on my chart, which potentially ends the bullish pullback we've seen over the last few days, but who knows right? I am looking for a strong break of the 1700 level before I consider any sort of entry.

If i am just chatting waffle, and this market remains bullish for the time being, then i will be looking for a break of the daily resistance before an entry to the upside.

We will have to see what the London session brings us.
Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.