XAUUSD ,Printed Good Bullish Move...Now what?
In Yesterday's trading session, we have seen big bullish spike /short squeeze(correction +Retailer Squeeze + Near to expiry PCR)and gold printed a healthy bullish candle which covered almost 5-session decline.
On the price action note now the main task for bears is to breakdown the daily pivot as bulls now defending daily pivot successfully from last 3 trading day .So if they are able to breakdown the daily pivot then we can expect a decline otherwise now bulls are in good control right now.
For bears the main level to watch is 1925,above this bulls can make another bullish move.
On the price action note now the main task for bears is to breakdown the daily pivot as bulls now defending daily pivot successfully from last 3 trading day .So if they are able to breakdown the daily pivot then we can expect a decline otherwise now bulls are in good control right now.
For bears the main level to watch is 1925,above this bulls can make another bullish move.
