15 min XAAUSD

30 Eyl 2022

15 min XAAUSD
Overall bias is bearish
Current bias is bullish
Price has continued to create HLs and HHs moving inside huge falling wedge patterns (5 m chart) since yesterday.
Price is currently showing as a bullish engulfing candle inside a higher right leg of a DB.
price may continue to push to retest bearish OB before it returns bearish again.
Price may decides to give a pullback to the retracement levels inside the circle or it may continue to push up before sellers come in to take over the market.