XAUUSD bearish scenario - 17/01/2024
Liquidity above previous triple top has been swept and prices has began to decline. Currently at Yearly pivot area of 2005. 1810 being the current higher low.
Zones to watch:
-1939-1980 (Fib)
-1895-1912 (Fib)
-1748-1769 (Fib + FVG + below current low)
Scenario invalid if 2089 reached before going to the marked zones above.
Zones to watch:
-1939-1980 (Fib)
-1895-1912 (Fib)
-1748-1769 (Fib + FVG + below current low)
Scenario invalid if 2089 reached before going to the marked zones above.
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