hello guys ,
i think xauusd is bearish the market structure on high time frames is brearish todays candle closed as an inverted hammer tommorow will probably be a red candle add to that the price formed a double top pattern the break out of the trendline + key level will cause a price to make a lower low lower then 1980 .
DXY has a massive inverted head and shoulder so a positive addition to our technical analysis .
keep in mind a bullish probability is possible too a break out of the trendline will cause a run towards 2050.
but i am bearish !
i think xauusd is bearish the market structure on high time frames is brearish todays candle closed as an inverted hammer tommorow will probably be a red candle add to that the price formed a double top pattern the break out of the trendline + key level will cause a price to make a lower low lower then 1980 .
DXY has a massive inverted head and shoulder so a positive addition to our technical analysis .
keep in mind a bullish probability is possible too a break out of the trendline will cause a run towards 2050.
but i am bearish !