XAUUSD : Volatility contraction but still stands on upper half
Volatility contracted like waiting for a main players to come and play.
But still lingers on the upper half of candlestick and outside an upper trendline in Tf1 hr.
It shows that traders commit in a higher price.
It would be a flag pattern if it can eventually breakout from a channel
And target point is so alluring XD
Any comments are welcome!
But still lingers on the upper half of candlestick and outside an upper trendline in Tf1 hr.
It shows that traders commit in a higher price.
It would be a flag pattern if it can eventually breakout from a channel
And target point is so alluring XD
Any comments are welcome!
Penafian
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