Looking at XAUUSD, I do favour it going lower back to $1950 and probably $1945. This is potentially a 300+ pip trade. With 1:3 Risk/Reward.
Today’s structure broke out of consolidation but failed to take out previous highs which were created last Friday. This might be a sign of slowing momentum..
Let’s see how this one performs.
Today’s structure broke out of consolidation but failed to take out previous highs which were created last Friday. This might be a sign of slowing momentum..
Let’s see how this one performs.