The single-day outlook was fully validated across the board. The market touched the 4,000 level in the morning, met resistance and pulled back, then accelerated lower in the afternoon, breaking through two target levels in succession and fully realizing the 76-point downside move.
Once a one-way trend takes shape, don't let the illusion of short-term oversold conditions shake you out. Stick with the main trend and hold through the swing—the outcome is always decisive. #xau $XAU
Once a one-way trend takes shape, don't let the illusion of short-term oversold conditions shake you out. Stick with the main trend and hold through the swing—the outcome is always decisive. #xau $XAU
