XAU/USD 1D - As you can see with this pair we have recently had price trade us lower due to the strength in the dollar with recent news. This was a highly anticipated move with everything thats been going on.
So anyone who capitalised on this well done, my thoughts to trade the market short this week was given in this weeks Sunday Sessions video. I want to see a continuation in bearishness.
Before we see price continue to trade us lower however I am expecting price to come and correct some of this inefficient structure and as a result giving us the ability to jump in on this market in short positions.
Before we do this we want to see price trade into our area of interest and give us relevant confirmation to take the market lower, this will be displayed with a fractal BOS to the downside, confirming an end to the correction and the start of the next bear run.