Hi traders!!
Welcome back on weekly analysis. Still bears being order had blocked weekly. However, we’re currently at a weekly support which could counter with our weekly bias temporarily. In this case, we need to carefully wait for the market to express it self in order to avoid over the counter trade. We should anticipate some manipulations here basically. If double bottoms found, we literally go for long to a nearest resistance and if it didn’t, we continue to short with our initial direction.
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- Source: https://www.tradingview.com/chart/XAUUSD/RRUfWy0K-Nxt-week-bias-complex-still-bears-on/