OraclePips

XAUUSD SHOWS A STRONG SELL CONTINUATION FROM THE H4 TIMEFRAME

Short
OANDA:XAUUSD   Or / Dollar Américain
Hello there, now that the price has broken the recent low to the upside (BOS), what will happen next? That is a good question. As you know, the major trendline has been broken to the downside, and the pullback has also occurred. COOL.

NOTE: [b]If you take a look at the H4 timeframe, you will notice that the current candlestick could probably end up forming a tailed bar. If this happens then we should expect a sell continuation of XAUUSD today.

My Final Judgment: It appears that it's going to sell strong, as it appears in the H4 timeframe. What should you do now? Wait for the H4 to close before taking any trade. Shalom.

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