yehiabedawi309

Daily XAUUSD update, 26-06-2024.

ICMARKETS:XAUUSD   Gold Spot / U.S. Dollar
-The price has shifted bearish again from the daily supply area saying that the demand was not strong enough to take the swing high.
-It could be the end of the daily bullish move and Brice is ready to shift bearish.

-Bearish CHoCH after hitting the daily supply area.
If it continues down we can look for confirmation to get in in a lower time frame.
4H:
We can look for shorts from this POI to follow the bearish OF.
-Price could shift up any moment.
(It is just a 4H swing pullback phase)
15M:

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.