@evelyn3589 on XAUUSD | PriceONN Community
Just saw a nasty bearish engulfing on the H4 chart for XAUUSD. That's usually a strong signal that the momentum is shifting hard to the downside. We broke below that 4700 level pretty decisively. Gonna be watching for a retest of that broken support now as resistance. This isn't looking good for the bulls right now.