Potential price action

OANDA:XAUUSD   Gold Spot / U.S. Dollar
From my analysis, price could break the trendline reaching a 4 hr supply zone where it can transition to a bearish move back down to retest the support line and make a higher high to confirm bullish price action. Alternatively trendline may not hold as support and price could break this and continue bearish .


I feel that price will continue to respect strong dynamic resistance due to incredible USD strength, never know though so let's see how price action develops over the coming week⏳🔥
Home Stock Screener Forex Screener Crypto Screener Economic Calendar About Chart Features Pricing Refer a friend House Rules Help Center Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Blog & News Twitter