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XAU: Two scenarios coming

Gold Spot / U.S. Dollar (OANDA:XAUUSD)  
tcapital Updated   
OANDA:XAUUSD   Gold Spot / U.S. Dollar
Supply and Demand Candlestick Analysis XAUUSD priceactionanalysis tcapital
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supplyanddemand candlestick xauusd priceactionanalysis tcapital
We can see a dump from XAU from 2040 area to the low 1880. However, there was no re-test at that low, so I expect to have a test at this area.

Plan to short after the key level is lost at 1978, and potential take profit is 1890 area.

XAUUSD

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Comment:
Another scenario is
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We can aim for a long after they have broken the block to the old high.
Comment:
Price moved below the support and touched 1930 zone.

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I have took profit from the short from 1978 to 1930. Waiting for the setup for today.

Have fun!
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