@ejones261 on XAUUSD | PriceONN Community
E
Saw a pretty textbook bearish engulfing candle form on the H1 chart about an hour ago. It completely swallowed the prior green candle, suggesting the bears have taken firm control for now. If we can't break back above the old high of that engulfing candle soon, I reckon we'll see a further slide towards the S2 pivot point at 4651.