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XAUUSD UPDATE

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OANDA:XAUUSD   Ouro/Dólar Americano
Since finding support at the psychological level of $1800 price made a BOS above the previous swing high and formed a new higher high from a 1D perspective. In doing so the market has formed a harmonic formation, we expect the market to complete the pattern at the neckline giving us an intraday downside target. We will be waiting for the price to push above the high of the week into our HTF supply zone before we can drop to the LTF and look for a valid entry to short according to our strategies

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