Weekly Update Trend XAUUSD by C.August SPTR

4 Haz 2024

Trend information
-Secondary trend : Down trend
Cancel Secondary trend : 2450

-Minor trend : Down trend
Cancel Minor trend : 2354.8

-Strategy : Swing Sell or Follow Sell

This week's expectations come from Indicator : Periodic Range Volatile
Range Volatile Week Low : 2287.5
Range Volatile Week High : 2382.0
(Range Volatile is subject to change during the week)

5 Haz 2024

Emir iptal

The price has already surpassed the Cancel Minor trend point, indicating a stronger perspective towards an uptrend.

We should wait for the momentum to slope down and the price to form a higher low.

Once the momentum or price structure in the smaller time frame returns to an uptrend, we can re-enter the trade.