XAUUSD update, 23 July 2024.
-Daily INT pullback phase
D:
-The price returned to the extreme INT range and swept the LQ below the old Low.
-Maybe now the new INT bullish leg is about to start, wait for the confirmation.
Otherwise, we can follow the bearish OF.
4H:
-INT structure is bearish.
We can still follow the bearish OF to the downside from decent POIs.
15M:
D:
-The price returned to the extreme INT range and swept the LQ below the old Low.
-Maybe now the new INT bullish leg is about to start, wait for the confirmation.
Otherwise, we can follow the bearish OF.
4H:
-INT structure is bearish.
We can still follow the bearish OF to the downside from decent POIs.
15M:
Penafian
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