XAUUSD has proven to be bearish for sometime, this Idea only solidifies the continuation for the sell. Might grab liquidity before the sell begins to take more people out
GU has been forming bearish movements for a while, the news yesterday made the market correct itself for a purposeful sell which the break of the trendline showed us. The trendline can be seen in 1min time frame if analysis is done correctly.
Gold would buy from its current range to complement the support holding it. For the past 12 hours, it has been ranging and therefore would gather momentum for when news comes about it to break its 1d candle high. If the next daily candle ends bullish and closes above the last candle, then we can claim and enter the bullish call
