XAUUSD 4 HOUR CHART –Is the top ion for now?
I posted this earlier today and proved to be a good alert
Calling a top in XAUUSD has been like standing in front of a freight train.
With that said, the 2789 high and a pivotal 2800 level above it argue for the risk of a pause but only confirmed if it can move back below 2770.
To limit the fallout, XAUUSD needs to hold 2700-25 and move back above 2750. Only back above 2770 would put the record 2789 in play again.