Daily support for level can't be breached for XAUUSD
The blue line represents the uptrend on the daily. This trend has slowed down as it reach another major supply level at 1802.065.
4h shows HL are built but for a new HH doesn't seem possible with how this supply level is holding XAUUSD.
If it shows more bearish pressure I will be looking for the shorting opportunity sometime this week.
4h shows HL are built but for a new HH doesn't seem possible with how this supply level is holding XAUUSD.
If it shows more bearish pressure I will be looking for the shorting opportunity sometime this week.
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