GOLD update $XAUT
Gold has now broken below my demand level without forming any clear buy confirmation on the 15M timeframe, and the overall 1H market structure remains bearish.
However, despite the bearish 1H structure, price is currently sitting in an area where strong 4H and Daily internal liquidity exists. This means that the current area could still support an upside reaction on the higher timeframes.
Gold has now broken below my demand level without forming any clear buy confirmation on the 15M timeframe, and the overall 1H market structure remains bearish.
However, despite the bearish 1H structure, price is currently sitting in an area where strong 4H and Daily internal liquidity exists. This means that the current area could still support an upside reaction on the higher timeframes.
