XAU/USD (GOLD) Short Bias 1070 IN SIGHT P.A analysis
XAU/USD still has a way down to GO!
WEEKLY lower high and lower low structure = BIGGER PICTURE DOWNTREND....
Bottomed at 1132..(was expecting 1100) and had a choppy corrective retracement but STILL
put in a lower swing high on the Daily TF...(1227 ish)
Now awaiting downside continuation with 1130 to be hit then 1070 (forming a new lower low)
Read price action and envision the future :D
WEEKLY lower high and lower low structure = BIGGER PICTURE DOWNTREND....
Bottomed at 1132..(was expecting 1100) and had a choppy corrective retracement but STILL
put in a lower swing high on the Daily TF...(1227 ish)
Now awaiting downside continuation with 1130 to be hit then 1070 (forming a new lower low)
Read price action and envision the future :D
