Two simple trend lines, 200 ema indicating downward potential on XAUUSD.
Reaching it's 4h support, the extended trend line is no where to be seen.
The Dynamic trendline is being respected massively, if price pushes below this yellow line we're going to see a retest and then an impulse downwards to the next key area
Reaching it's 4h support, the extended trend line is no where to be seen.
The Dynamic trendline is being respected massively, if price pushes below this yellow line we're going to see a retest and then an impulse downwards to the next key area