XAUUSD= update 07/11/2023

Dear Traders.

Last two buying setups failed as we thought price can reach 2010 then region and then dropped from there but price dropped further and bearish pressure increased. We now think price will drop even further in long term we are assuming that price will reach the 1900$ as the outside noise becoming normal. DXY will remain bullish.

Orden cancelada:

Price dropped earlier and did not come to our entry zone. Setup invalidated.