XAUUSD on its way to recent high of 1949

2023년 2월 1일

So the price action is according to the plan shared in the last post. The price bounced from 4h support. The price did not quite actually touch the price I marked, but was very close and skipped it by 1 dollar.

Now as mentioned before, price will move higher from here and will clear the recent high of 1949.

2023년 2월 1일

노트

The price retraced again to the 4h support level and breached it for a short duration and pushed again above this support level. Though i expected the test of the 4h support and last time it remained a bit short of it, the price indeed came back to test that level clearly. I assumed that the first test which was a bit short of touching the support, was the last one before moving higher. But that was not the case. But lets see if now it moves higher.