XAUUSD

20 Ağu 2023

XAUUSD

We have a clear downtrend on Gold. Previously, we had nice Bullish Bat on 1904-1890 zone but market didn't give us any ChoCh. Therefore, we had no longs.

Now we have two scenarios..
1) If we break The lower low/ BOS, then we can continue to 1875.

2) If market breaks the lower high, then we can possibly see the area of 1913.

Keeping in mind the SSL that has been taken, i hope the market will give us some retracement to the upside..