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XAUUSD 2HR Range Analysis
Following a reversal in the long trend which created the inner channel we have been in recently we have now got a solid rejection from the long term ascending dynamic s&r which validated the overall trend to push for new higher highs, having now been met with a solid resistance line of soldiers at the gates of 2000 the precious metal is struggling to push and break above 2010 with another fractal pivot off this defense line i could see a retreat down to 1970-80 before deciding on the next approach to take.
XAUUSD 2HR Range Analysis
Following a reversal in the long trend which created the inner channel we have been in recently we have now got a solid rejection from the long term ascending dynamic s&r which validated the overall trend to push for new higher highs, having now been met with a solid resistance line of soldiers at the gates of 2000 the precious metal is struggling to push and break above 2010 with another fractal pivot off this defense line i could see a retreat down to 1970-80 before deciding on the next approach to take.