XAU: Two scenarios coming för OANDA:XAUUSD av tcapital — TradingView

Supply and Demand Candlestick Analysis XAUUSD priceactionanalysis tcapital

supplyanddemand candlestick xauusd priceactionanalysis tcapital

We can see a dump from XAU from 2040 area to the low 1880. However, there was no re-test at that low, so I expect to have a test at this area.

Plan to short after the key level is lost at 1978, and potential take profit is 1890 area.

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Another scenario is

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We can aim for a long after they have broken the block to the old high.

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Price moved below the support and touched 1930 zone.

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I have took profit from the short from 1978 to 1930. Waiting for the setup for today.

Have fun!

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