Hello everyone
As I explained last time, there was possibility of lower prices here,and well we had a small bear flag on 4 hours .As for this week, we might have a small swing to the lower channel and a touch on 1920$ as the context implies we may face a steep bear market in the future, but for the structure on weekly, we have big bull flag and on daily If current support level hold the price we will have higher high's, and can see better future for XAUUSD.
Current support level 1930$, key support level 1920$, and our resistance level is 1960$.
As I explained last time, there was possibility of lower prices here,and well we had a small bear flag on 4 hours .As for this week, we might have a small swing to the lower channel and a touch on 1920$ as the context implies we may face a steep bear market in the future, but for the structure on weekly, we have big bull flag and on daily If current support level hold the price we will have higher high's, and can see better future for XAUUSD.
Current support level 1930$, key support level 1920$, and our resistance level is 1960$.
