XAUUSD H4 Structure
This is the current set up for GOLD on H4
Last week we couldn't get a follow up on the bullish candle to break the 1250 weekly resistance.
Price is still ranging on the daily! We would need a break of 1310 and it could open to the downside.
I will continue to update this thread!
Last week we couldn't get a follow up on the bullish candle to break the 1250 weekly resistance.
Price is still ranging on the daily! We would need a break of 1310 and it could open to the downside.
I will continue to update this thread!
Trade active
Note
Gold nice break to the downside to far! Next Level to break is the 1320 Level support to open up to the downside.Note
Note
Note
Let's see which direction it takes.Trade closed: stop reached
Note
Trade is still active! Because of the H4 rejection! will post new Analysis soon.
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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.