XAU/USD has a sentiment bullish about the cold war

By harisonhbn9718
Updated
Hello guys, especially in Gold. So, Gold has a sentiment bullish abut the cold war about the tension in US-China, and also some protest in USA, and that may that gold up the price.

So, in H4 timeframe we see a shoulder head shoulder and that show whay Gold has force to continue has $1,777 USD the oz. and it's cam make a awesome earns in Gold if you put in longer.

snapshot

In daily timeframe, we see a possible continue to up, because Gold has make a pull back in the and RSI and MACD Show us that Gold has a force to continue up the price.

And also, Im going to make my technical analysis below of H4, to see what movement of gold make to catch the short position, but in theory, Gold is bullish.
Trade closed: target reached
Well, As I predicted, Gold reach my objective and earn near of 160 pips or $16 USD. Well, i'm very happy the only what I need to work is to hope confirmation and don't entry for entry, just hope confirmations and candlestic pattern, but, Im happy!!! Remember all this practice.
Beyond Technical AnalysiscoldwarcommoditieForexGoldTechnical IndicatorsLONGnewsgoldtensionsformusachinaTrend AnalysisXAUUSD
harisonhbn9718

Disclaimer