Gold Spot / U.S. Dollar
Updated

XAU / USD 4 Hour Chart

170
Hello traders. Taking a look at the 4 hour chart, I have marked my areas of interest for potential scalp sell / buys. Gold is just tearing it up and we have more room to grow. It's all about entry. The U.S. dollar has seen better days, as have most fiat currencies, they are backed by thin air. We watch the numbers being fudged monthly, and gold should be more than what it is. Trade carefully my friends, and keep all your gold buried in the ground and all your bitcoin in a cold wallet. Big G gets a shout out. Let's see how this mid week trading day plays out. Including today we have just 5 trading days left in this month. Be well and trade the trend.
Note
Still in the range I marked on the chart. I am waiting to see what happens on the 4 hour at the 2360 area. Not trying to get fooled into a push up only to move down. Trade carefully
Shout out to Big G.
Trade active
Sold from 2365.57 Securing 75% of the trades profit, moving SL to my entry point and leaving a runner running. Done for the day. Big G gets my thanks. Nice , quick scalp. Patience is key. The areas of interest on the chart are still valid. Don't get stuck trading in the range. Happy Wednesday.

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