Analysis of #XAUUSD
my last trade on gold was short an am glad it did hit the target for almost 5%, now I still see gold and silver going to lower maybe near structure lows, if you check my DXY analysis you will know why..
here we have impulsive move down, price retraced inside this pennant which I believe will break to the downside, will keep watching this pair for a chance to enter short gold
move my chart and soon out to see the bigger picture
remember gold is very sentimental and could shoot either way sharply as it did on Friday
Check today analysis below⠀
Thank you for the support you keep showing me with
_____________________________________________________________________________⠀
-DISCLAIMER: This Information Is Not a Recommendation to Buy or Sell. It Is to Be Used for Educational Purposes Only⠀
-⚠ Please Note This Is Just a Prediction and I Have No Reason to Act on It and Neither Should You