Just a quick update for XAU/USD in my opinion its still Bullish we have plenty of confluences;
-Hammer candle on the daily forming
-tweezer tops on the 4hr followed by a bullish engulfing candle
-counter trend line also broken with price failing to make a lower low
-a break and re test of weekly resistance turned support
-Fib retracement was close to the 50%
SL - just below 1245.00
TP - 1269.00
-Hammer candle on the daily forming
-tweezer tops on the 4hr followed by a bullish engulfing candle
-counter trend line also broken with price failing to make a lower low
-a break and re test of weekly resistance turned support
-Fib retracement was close to the 50%
SL - just below 1245.00
TP - 1269.00