Hello traders. Looking at the 4 hour, it is 535 am EST here in the US, and there is still a couple of hours before we get some good volume for gold to make some movements. Marked on the chart is a few possible scenarios. A possible break and retest to take gold up. Or it was just a liquidity grab and will drop more before going up. In which case I marked a lower zone where I would look for potential buys. Trade the trend and all thanks to Big G, my mentor. Hope this chart made some sense as to what I am looking for. Be well and thxs.
Pip Whisperer
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Pip Whisperer
Disclaimer
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.