XAU/USD currently stops its uptrend by not creating the new HH in the previous structure.
However, it is creating a new HH in a new formation.
In recent days, the price kept consolidating among the supply and demand zone as shown.
Now we're looking for a retest to 1747.85 and a down to 1657.5.
Or breakout to 1781.64 and have consolidation in that major supply zone. Waiting for a further breakout the 1884.62
Good Luck everyone!
XAUUSD
However, it is creating a new HH in a new formation.
In recent days, the price kept consolidating among the supply and demand zone as shown.
Now we're looking for a retest to 1747.85 and a down to 1657.5.
Or breakout to 1781.64 and have consolidation in that major supply zone. Waiting for a further breakout the 1884.62
Good Luck everyone!
XAUUSD