XAUUSD Gold and AUDCAD Cycle Sniper Trades
In my forecast, I have mentioned that Speculative Long Positions were record high and according to the NFP data, we might see a sharp decline in Gold Price.
I summarized the technical and fundamental overview in our Discord room and posted the below-mentioned idea.
Price hit TP3 2015 $.
Price Action Sniper:
Cycle Sniper H4:
Bulls will try to defend 2031 $ ( MM 5 /8 H4 )
According to the fundamentals and Cycle Theory, we predict bearish continuation down towards 2000 $ and 1980 $ if the bears keep the price below 2031.
Another Sample Trade:
AUDCAD H1 Cycle Sniper and Price Action Sniper
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