XAUUSD SHORT

3 Kas 2023

Feds paused rate hikes.
Gold is in major retracement levels.
Overbought.
I expect it to reprice lower.
NFP's should be key indicator.

For confirmation.
I'd like to see it purge buy-side during NFP's.
Drop.
Create a right angled ascending broadening wedge chart pattern.
And then a retracement to the upside.

3 Kas 2023

Not

Or...fix an imbalance between 1992.00 - 2000.00, and then drop.

3 Kas 2023

Not

Okay, it went up, good.
Now I'd like to see it purge buy-side today / next week.
Create a swing high.
And then start dropping.