XAUUSD MONDAY RANGE FORMATION SETUP

27 במאי 2024

Last week, price closed off in bearish momentum and as of today being Monday, we anticipate price to form a trading range. Therefore, since the first half of the day has been bullish, I am looking for the high of the day around 2055 a bearish breaker block and I anticipate the best entry confirmations to be sell stops as price rallies down from the order block.