Hi all!
XAUUSD analysed Top-Down..
The pair (like projected last month) Mitigated a Supply zone and sold from 1950. After a strong SELL pressure, we can expect a retracement.
In the case of GOLD, the pair is in a nice STRONG Daily Demand zone..
My next move will be monitoring LTF, and once i spot a clear POI to take a LONG position, i will execute..
Trade...
GBPCAD trading in uptrend line
price rebounded from the demand zone around 1.7300
price above SMA 100 and HVN around 1.7370
price also above key level around 1.7430
so it's expected the bullish movement to resistance level around 1.7670
