XAUUSD Prediction for Longer Time Frame
The price has touched the strong support at 1680.78,
Bullish Scenario:
wait patiently until the price forms a significant reversal pattern, then enter buy.
Bearish Scenario:
price breakout support then retrace and continue its decline.
Disclaimer: none of the predictions are 100 percent correct, price action that will appear in the future may create a different scenario again.
Keep paying attention to money management, and installing stop losses.
Bullish Scenario:
wait patiently until the price forms a significant reversal pattern, then enter buy.
Bearish Scenario:
price breakout support then retrace and continue its decline.
Disclaimer: none of the predictions are 100 percent correct, price action that will appear in the future may create a different scenario again.
Keep paying attention to money management, and installing stop losses.