I think market pushed so hard to touch bearish multiyear trendline and got a serious rejection. (weekly candle is a shooting star)
Currently over %65 of total positions are long acoording to oanda sentiments.
Price needs to break green support line first to say bearish market inducted. i'd recommend break re-test and sell XAUUSD to 1240 or lower TP.
Currently over %65 of total positions are long acoording to oanda sentiments.
Price needs to break green support line first to say bearish market inducted. i'd recommend break re-test and sell XAUUSD to 1240 or lower TP.
Comment:
Bulls set on fire.