XAUUSD to 1768 (Short-Term), 1714 (Long-Term)
From Quarter, Monthly, Weekly Point of View, the price consolidation occured because its already on its Resistance 1 Area.
The High and the Low of Quarterly Timeframe already formed.
I expect the price will drop very soon to Weekly S1 (1768), or if the drop continues will be able to reach the Monthly Pivot (1714), if the price reach this area, you can TP and buy.
But now, Sell.
The High and the Low of Quarterly Timeframe already formed.
I expect the price will drop very soon to Weekly S1 (1768), or if the drop continues will be able to reach the Monthly Pivot (1714), if the price reach this area, you can TP and buy.
But now, Sell.