Daily XAUUSD update, 26-06-2024.
-The price has shifted bearish again from the daily supply area saying that the demand was not strong enough to take the swing high.
-It could be the end of the daily bullish move and Brice is ready to shift bearish.
-Bearish CHoCH after hitting the daily supply area.
If it continues down we can look for confirmation to get in in a lower time frame.
4H:
We can look for shorts from this POI to follow the bearish OF.
-Price could shift up any moment.
(It is just a 4H swing pullback phase)
15M:
-It could be the end of the daily bullish move and Brice is ready to shift bearish.
-Bearish CHoCH after hitting the daily supply area.
If it continues down we can look for confirmation to get in in a lower time frame.
4H:
We can look for shorts from this POI to follow the bearish OF.
-Price could shift up any moment.
(It is just a 4H swing pullback phase)
15M: