Market Structure Is KING!
My expectation for XAUUSD this week is to sell Gold...Why?
1. Price is at a major Supply Zone.
2. Inflation is expected to decline from 7.7% to 7.3%. There is still a lot more work that needs to be done with bringing inflation down, but for now, it seems the trend is headed in the right direction.
3. Major Bearish Divergence
If you have a different view leave it in the comments below.
My expectation for XAUUSD this week is to sell Gold...Why?
1. Price is at a major Supply Zone.
2. Inflation is expected to decline from 7.7% to 7.3%. There is still a lot more work that needs to be done with bringing inflation down, but for now, it seems the trend is headed in the right direction.
3. Major Bearish Divergence
If you have a different view leave it in the comments below.
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