Welcome to everyone!
This is xauusd analysis.
As we have seen previous price action of xauusd. Price just smashed previous higher time frame strong areas and rallying steadily.
So we have another monthly strong area on 1550. Which is not easy to break. I hope we can see a good drop when market reaches there.
We don’t use indicators, news or anything we just see supply and demand clear imbalances which give us plus odds.
So short bias on xauusd.
Best of luck.
Happy Trading
This is xauusd analysis.
As we have seen previous price action of xauusd. Price just smashed previous higher time frame strong areas and rallying steadily.
So we have another monthly strong area on 1550. Which is not easy to break. I hope we can see a good drop when market reaches there.
We don’t use indicators, news or anything we just see supply and demand clear imbalances which give us plus odds.
So short bias on xauusd.
Best of luck.
Happy Trading