Forex_Crafts

XAUUSD Opens Bullish on the short term.

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PEPPERSTONE:XAUUSD   Ouro/Dólar Americano
We can see that the price of XAUUSD opened BULLISH as we can observe an increase in bullish volume, becoming strong.
Price has formed a lower high indicated by the support trendline, with some ingulfing candlestick signal at the bottom...
A break of structure to the upside can be favorable to buyers on the short term but will have to push very hard to break the daily bearing trend.

Can we say we are now going into the buying side?

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