XAUUSD - Long...wait for confirmation
1830 has finally been broken. Overall trend is Bullish if you check on 4hr time frame. Price will either break below this mini support, retest 1830 before going back up to 1849. However, this mini support I call has been touched recently, so I am waiting for a couple of confluences before I get in. The first is the crossover of MA on 15 time frame. If price doesn't break below, then I'l be expecting for MA to cross, and the other confluence is price action. Let's see how this plays out. Also 16.8 gold zone of the fibonacci has been hit.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.