Over the past months the strenght of the USD has proven its course breaking so many shakels in the financial market
The XAU/USD is yet to break its final baricade which is the current supply zone where price seems to be reacting
From the look of things the USD seems to me loosing its strength but its has not been proven to be true until otherwise
For this reasons and more in the coming week and presently ,I would be expecting a good PA to short the metal to the S2D zone as my target .if the supply zone breaks then I would fully be changed in total towards the bullish bias and further look for zones to go long on the new trend established but that being said I'm currently bearish till proven arbortive
The XAU/USD is yet to break its final baricade which is the current supply zone where price seems to be reacting
From the look of things the USD seems to me loosing its strength but its has not been proven to be true until otherwise
For this reasons and more in the coming week and presently ,I would be expecting a good PA to short the metal to the S2D zone as my target .if the supply zone breaks then I would fully be changed in total towards the bullish bias and further look for zones to go long on the new trend established but that being said I'm currently bearish till proven arbortive
