looking at xauusd we anticipate a short to buy due to several reasons
- momentum toward the previous month level was low and interest to keep buying is fading this may lead to the need of accumulating more orders by LIQUIDATION PROCESS or by SUPERMARKET MENTAL method
- price failed to stay above previous week high and closing price also this indicates further reduction in price
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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.
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.