XAUUSD Might've seen a temporary low here with a volume spike taking out the previous March low. Its also down over $100 in this run and is oversold.
Im looking for a bounce to the 1930-1950 area and depending on the pattern as to where that sell point will be.
In the bigger picture we could see GOLD down to 1820 to complete the ABCD down.
There is also the 78% level @ 1841 from the Jan low.
I hope this helps. Enjoy the day.👍👍
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t.me/OCEANAISIGNALS
Check out the free Telegram group for Trade setups and Market Updates. Also one on one coaching now available. AI Subscription coming up shortly for an early bird introduction price.
Check out the free Telegram group for Trade setups and Market Updates. Also one on one coaching now available. AI Subscription coming up shortly for an early bird introduction price.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.