i called this $XAU analysis early. we are going down as expected. if it doesnt hold at 4052 we could see it slump below 4k by today evening during NY session.


keep folllowing me for more Technical analysis
XAU-2.19%
FuturesGuru
$XAU has been showing signs of trying to break through the major resistance at 4189..4200 levels. thats an area of high supply..a valid bearish OB exists.
it has failed to break like three times already. if this continues and a market structure shift occurs , the Bias shifts to bearish, targeting 4052 levels and further down to 3900.
tension between iran and usa are making it also volatile.
interesting days ahead
stay locked in guyz,
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