XAUUSD formed candlestick pattern: Long Upper Shadow, Bearish Signal.
Break & Hold Below 1877, Cancel Bullish Medium Term Outlook. Turned to Neutral. Potentially Testing 1835 (MA 50 & 100 W) & 1785. As a reference, You can also see my XAUUSD H1 bearish outlook tradingview.com/chart/c8tlaz7n/
ABOVE 1660, BUY ON WEAKNESS. Break & Hold Above 1998, Bullish Medium Term Outlook Resume.
Break & Hold Below 1660, Bearish Medium Term Outlook. But, LONG TERM OUTLOOK STILL BULLISH !
Note
Edit for typo in this XAUUSD chart. It's WEEKLY CHART.
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