XAUUSD
XAUUSD 2021 MAR 01 WEEK
Red/Green zones = preferred entry | Grey = price rotation area
After the mark up on 22 Feb per bar 1, and market retest of the supply zone 24/25 Feb (bar 2),
market finally showed its move to the down side, breaking strong through a support.
After climatic down bar 3, some support has come in.
We're still in a down trend till market makes a higher high and higher low
If price comes back down to test 1726 or toward the low of the bar and finds support,
long opportunity may be present in the lower TF.
Daily chart is presented to provide a perspective of where you are in the price movement